单词 | disinvestment |
释义 | disinvestment The process of reducing the capital stock. So far as fixed capital is concerned, this may be by scrapping, or by non-replacement of capital goods as they wear out. Stocks and work in progress can also be reduced. Individuals and firms can disinvest by selling capital goods to each other, but this does not reduce the overall total in the economy unless disused capital goods are exported. |
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