Answer:
Consumption of fixed capital (CFC)
Explanation:
Consumption of fixed capital (CFC) is a phrase used for the depreciation of fixed assets ,or write-offs, in business accounts, tax assessments and national accounts.
CFC is used in addition to depreciation to demonstrate how fixed capital is used up as a result of creating new revenue.
CFC can also include certain expenses incurred in the use or construction of fixed assets beyond real depreciation costs.
The term normally applies only to manufacturing companies, but it sometimes also applies to real estate assets.
