Economic viability definition

Economic viability means that the profit (or return) can reasonably be expected to be high enough to justify the investment. The prudent investor will not invest in resource land activity unless there is a reasonable expectation of a competitive return on his investment. That is, the owner will expect to get all his investment back, plus at least the cost of investment capital, plus a management fee. [Ord. 1269 §14, 2016; Ord. 1197 §2, 2007; Ord. 1170B, 2000; Ord. 1157, 1998; Ord. 1151 § 2, 1996]

Examples of Economic viability in a sentence

  • Economic viability of the system can be compromised when certain shipping avenues are not available when needed.

  • Economic viability depends upon a wide variety of additional factors: for example the timing, stability and certainty of earnings, the risk involved, the input requirements of the enterprise and their availability and affordability, the alternative earnings and opportunities that are diminished or foregone, the type of product or output that is generated, and the actors’ own tastes and aspirations (Emerton 2014).

  • Economic viability of cogeneration is sharply influenced by the marginal cost of generating electricity.

  • Economic viability is defined by the project reaching a positive cumulative cash flow using the expected generated quantities of electricity, the contracted (current or anticipated) commodity prices, capital investment, operating, decommissioning and restoration costs, royalties (if applicable), tax or financial incentives.

  • Access and Connectivity3.1 Maintain or better the standard of sea access to the Islands.3.1.2 Economic viability of developing an all-weather recreational and leisure vessel3.1.2.1 Continue to advocate and explore opportunities to advance the adopted Flinders Island Marine Access and Safe Harbour Project.

  • Economic viability of V2X must be analyzed and applied only to the market context in which analysis is conducted as results are non-transferrable due to geographic particularities.

  • Economic viability of DES depends on the business model that could include household ability to pay, government subsidies, or international donations which need to cover investment cost and in the long term maintenance and equipment replacements costs.

  • Economic viability has been established as a material consideration in the determination of planning applications with the National Planning Policy Framework recognising that viability is a central consideration in planning policy.

  • Economic viability of decarbonisation technologies will be one of the main drivers of investment decision making processes.

  • Economic viability is still the basic criteria taken into account in determining whether to authorize an investment.

Related to Economic viability

  • 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;

  • Viability means that stage of human development when the life of the unborn child may be continued by natural or life-supportive systems outside the womb of the mother;

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • Net Economic Return shall have the meaning ascribed to such term in paragraph 2 of Exhibit E to the Lease.

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Economic Life means the number of years a property improvement is expected to be in service in a facility.

  • Productivity as defined in ORS 427.005 means:

  • Economic Value Added or "EVA" means the NOPAT that remains after subtracting the Capital Charge, expressed as follows:

  • Economic abuse means any behaviour that has a substantial adverse effect on B’s ability to—

  • economic operators means the manufacturer, the authorised representative, the importer and the distributor;

  • Economic Value – means the value of the Company and of its shares, to be determined by a specialized company by using a recognized methodology or based on another criterion to be defined by the CVM.

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Economic Minimum means the lowest incremental MW output level, submitted to PJM market systems by a Market Participant, that a unit can achieve while following economic dispatch.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Non-Viability Event means the earlier of:

  • Economic development incentive means a financial incentive,

  • Measurable means the amount of the transaction can be determined and “available” means collectible with the current period or soon enough thereafter to be used to pay liabilities of the current period. State equalization monies are recognized as revenue during the period in which they are appropriated. A one- year availability period is used for revenue recognition for all other governmental fund revenues.

  • Energy Use Intensity (EUI means the kBTUs (1,000 British Thermal Units) used per square foot of gross floor area.

  • Common Unit Economic Balance means (i) the Capital Account balance of the General Partner, plus the amount of the General Partner’s share of any Partner Minimum Gain or Partnership Minimum Gain, in either case to the extent attributable to the General Partner’s ownership of Partnership Common Units and computed on a hypothetical basis after taking into account all allocations through the date on which any allocation is made under Section 6.2.D hereof, divided by (ii) the number of the General Partner’s Partnership Common Units.

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.

  • Growth means the rating a school will receive based on longitudinally matched student data comparing current performance to the previous year’s for the purpose of determining student academic growth.

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Business Critical means any function identified in any Statement of Work as Business Critical.

  • Greatest economic need means the need resulting from an annual income level at or below the official poverty guideline as defined in IAPI issued by the department.

  • DBE means the Diocesan Board of Education for the diocese within which the Academy is situated;

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities, including any temporary association of undertakings, which offers the execution of works and/or a work, the supply of products or the provision of services on the market;