Economic operation definition

Economic operation means any commercial activity, irrespective of form of ownership and irrespective of the nature of the goods, services or rights exchanged or managed for a consideration.

Examples of Economic operation in a sentence

  • Economic operation environment, changes in fiscal and monetary policies and the policies for taming the property market may affect the sales cycle and sales performance of the Group’s real estate business, leading to an extension of the real estate sales cycle and affecting the progress of destocking.

  • Economic operation: Review of thermal units, lambda iteration method, first order gradient method, base point and participation factors.

  • Economic operation within constraints, such as air quality restrictions, noise concerns, etc., as well as maintenance of a legitimate façade to the macrogrid, is achieved entirely through slow communications.Recovery of waste heat by CHP devices represents a central design and operating principle.

  • Before being able to use the Services of InstaReM (powered by NIUM), we have to perform mandatory customer verification.

  • DC microgrids: Economic operation and enhancement of resilience by hierarchical control.

  • This includes• The safe operation of the machine• Using all the possible options of the machine• Economic operation of the machine 5.1. Starting The machine should only be operated by initiated and authorized people.For the qualification a plastic welding exam can be taken according to DVS and DVGW.

  • Economic operation of land markets also depends on related markets for agricultural products, labor, and money.

  • Economic operation of a biobankThe structure of biobanks may vary from one facility to another, but we have identified elements that we consider fundamental to characterize the production and exchange of samples.

  • Economic operation of and extra contributions to the electrical grid made by every DER unit are therefore achieved, thanks to the nature of the market.

  • Please note that under section B point (vi) (Exclusion and Selection Criteria) of Section 1 - Instruction to tenererers (pg 7 - pg 8) , it is listed that Economic operation must declare that they meet the minimum criteria established by filling part IV of the European Single porcurement document (ESPD).

Related to Economic operation

  • economic resources means assets of every kind, whether tangible or intangible, movable or immovable, which are not funds, but may be used to obtain funds, goods or services;

  • Farm operation means any activity conducted solely or primarily for the production of one or more agricultural products or commodities, including timber, for sale or home use, and customarily producing such products or commodities in sufficient quantity to be capable of contributing materially to the operator's support.

  • co-operative means a co-operative registered in terms of section 7 of Cooperatives Act, 2005 (Act No. 14 of 2005)

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Normal operation means the oper- ation of a program or activity without significant changes that would impair its ability to meet its objectives.