Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Consumption

The act of destroying a thing by using it; the use of a thing in a way that thereby exhausts it.

consumption tax

A tax imposed on sale of goods to be consumed and services.

domestic consumption

. See bonded warehouse under WAREHOUSE.

loan for consumption

An agreement by which a lender delivers goods to a borrower who consumes them and who is obligated to return goods of the same quantity, type, and quality.