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DISCARDS

Statistics Directorate    
French Equivalent: Déclassement

Definition:
Discards is a synonym for “retirements” or “ scrapping” . An asset is discarded, retired or scrapped when it is withdrawn from the capital stock at the end of its service life.

Source Publication:
Measuring Capital: OECD Manual, Annex 1 Glossary of Technical Terms Used in the Manual, OECD, 2001.

Cross References:
Retirements
Scrapping

Hyperlink:
http://www.oecd.org/dataoecd/61/57/1876369.pdf

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Thursday, December 01, 2005