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RETIREMENTS

Statistics Directorate    
Definition:
Retirements occur when capital assets are withdrawn from the capital stock at the end of their service lives. Retirements are synonymous with “discards” and “scrapping".

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

Cross References:
Discards
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 1, 2005