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What is consumption?

What is consumption? Here are some definitions.

Noun
  1. The act of consuming, i.e., burning something.
  2. The act of eating, drinking or using.
  3. The amount consumed.
  4. (pathology) The wasting-away of the human body through disease.
  5. (pathology, dated) Pulmonary tuberculosis.
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Examples
Yet most analysts of the Indonesian economy agree that a consumption rally alone can't sustain recovery.
Where traditional indicators of water use relate only to production, the water footprint takes the consumption perspective.
He warily watches for signs of excessive consumption and hasn't had to crack down too hard yet.
Other items of wasteful consumption include unused gym subscriptions and sports equipment.
Its deeply territorial nature is incompletely accommodated to the disciplined consumption demanded of a truly global consumer system.
That will open the way for the White House to eventually propose junking the whole system in favor of a consumption tax, he predicts.

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