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Increases financial expense; may generate a MFI's reserve in the balance-sheet equity account, reflecting that portion of an MFI’s retained earnings that has been *consumed* by the effects of inflation.

2007-02-10 17:54:32 · 4 answers · asked by Anonymous in Society & Culture Languages

4 answers

It would mean something like this....earnings that have been taken up by the effects of inflation. Or....earnings that have been sucked up by the effects of inflation. Or...swallowed by the effects. I hope that helps. :)

2007-02-10 17:58:14 · answer #1 · answered by Jade D. 4 · 0 0

Consumed means "eaten up" or "eaten away "by the effects of inflation.

2007-02-11 01:59:54 · answer #2 · answered by AngelsFan 6 · 0 0

eaten up, absorbed

2007-02-11 01:58:25 · answer #3 · answered by lawrence n 1 · 0 0

eaten up by....swallowed by

2007-02-11 03:15:55 · answer #4 · answered by Anonymous · 0 0

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