a. Capable of being consumed; that may be destroyed, dissipated, wasted, or spent. “Consumable commodities.” Locke. [ 1913 Webster ]

v. t. [ imp. & p. p. Consumed p. pr. & vb. n. Consuming. ] [ L. consumere to take wholly or completely, to consume; con- + sumere to take; sub + emere to buy. See Redeem. ] To destroy, as by decomposition, dissipation, waste, or fire; to use up; to expend; to waste; to burn up; to eat up; to devour. [ 1913 Webster ]

If he were putting to my house the brand
That shall consume it. Shak. [ 1913 Webster ]

Lay up for yourselves treasures in heaven, where neither moth nor rust doth consume. Matt. vi. 20 (Rev. Ver.). [ 1913 Webster ]

Let me alone . . . that I may consume them. Ex. xxxii. 10.

Syn. -- To destroy; swallow up; ingulf; absorb; waste; exhaust; spend; expend; squander; lavish; dissipate. [ 1913 Webster ]

v. i. To waste away slowly. [ 1913 Webster ]

Therefore, let Benedick, like covered fire,
Consume away in sighs. Shak. [ 1913 Webster ]

adj. 1. completely used up.
Syn. -- used-up(prenominal), used up(predicate). [ WordNet 1.5 ]

2. eaten or drunk up. [ WordNet 1.5 ]

adv. Excessively. [ Low ] [ 1913 Webster ]

He's so consumedly proud of it. Thackeray. [ 1913 Webster ]

n. 1. One who, or that which, consumes; as, the consumer of food. [ 1913 Webster ]

2. (Econ.) the person or organization that uses some item of commerce or service in its own acitities, as opposed to reselling the item or including it as part of another item for resale; -- called also the end user. [ PJC ]

n. An index of the cost of all goods and services to a typical consumer, calculated and published by the United States Bureau of Labor Statistics; abbreviated CPI, and usually referred to by that acronym. The Bureau maintains several indices for different groups of consumers, but the most commonly referred to is the index for “All urban consumers”, called the CPI-U. The increase of this value each year is one measure of monetary inflation.
Syn. -- CPI, cost-of-living index. [ WordNet 1.5 ]

☞ For a table of values from the Bureau of Labor Statistics of the CPI over time, see CPI-U from 1913 to 1998. [ PJC ]

(Polit. Econ.) Economic goods that directly satisfy human wants or desires, such as food, clothes, pictures, etc.; -- called also consumption goods, or goods of the first order, and opposed to producer's goods. [ Webster 1913 Suppl. ]

. (Polit. econ.) The excess that a purchaser would be willing to pay for a commodity over that he does pay, rather than go without the commodity; -- called also
consumer's rent.

The price which a person pays for a thing can never exceed, and seldom comes up to, that which he would be willing to pay rather than go without it. . . . The excess of the price which he would be willing to pay rather than go without it, over that which he actually does pay, is the economic measure of this surplus satisfaction. It has some analogies to a rent; but is perhaps best called simply consumer's surplus. Alfred Marshall. [ Webster 1913 Suppl. ]

adj. taking up most of one's attention; ardent; as, politics is his consuming passion.
Syn. -- overwhelming. [ WordNet 1.5 ]