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SCRAPPING

Statistics Directorate    
Definition:
Scrapping occurs when capital assets are withdrawn from the capital stock at the end of their service lives. Scrapping is synonymous with “discards” and “retirements".

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

Cross References:
Discards
Retirements

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