Economical definition

Economical means the cost of the resources consumed versus the value of the output obtained, i.e. it is about receiving value for money;
Economical means direct financial, work-related costs that occur at the least cost to the state and which the state is responsible to pay.
Economical means spending resources carefully.

Examples of Economical in a sentence

  • This may be necessitated due to equipment declared ‘Beyond Economical Repairs’ (BER) or damages or loss to the earlier equipment by way of accidents/natural calamities or such like reasons.

  • These goals are: improvement of the Local and Regional Governmental Capacity, Fair Social Development, Environmentally Sustainable City, Sustainable Economical Development and Growth, and Sustainable Territorial Development.

  • Economical incentives (e.g., cryptocurrency) can not only encourage more devices to participate in the model training but also encourage clients to behave following the rules.• Learning data can be stored and shared on the distributed ledger.

  • A Casual Analysis of Defense Spending and Economical Growth, Journal of Conflict Resolutions, Vol 35, No 1,.

  • CONDITION MATERIAL - The contractor shall obtain written concurrence from the DCMA QAR for all units determined to be Beyond Repair (BR) or Beyond Economical Repair (BER).

  • Hagen, and M.D. Laubichler (2006): Strategies: A Central Concept in Biological and Economical Theory, Biological Theory, 1: 198-201.43.

  • Figure 10: Top-loading Cryogenic Box Freezer CRYOFLEXTM-CBF; the Economical Solution for Small Batch Mode Production Volumes Front-loading Cryogenic-Cabinet Freezer, CRYOFLEXTM-CCF-V2 The chamber in Figure 11 has a side-hinged door.

  • In the light of the Government’s growing stress on helping the Senior Citizens and enabling them to improve their Social & Economical life, it has been decided to continue the RVY and modify it in such a way that it becomes more user friendly so that the needy people are not deprived of aids & appliances.

  • Generally, the users want the Booking Deposit Module to be◼ Economical.

  • If the asset is determined to be Beyond Repair (BR) or Beyond Economical Repair (BER), the PCO will direct, via modification, disposition of the asset.

Related to Economical

  • Interoperability means the ability of a CenturyLink OSS Function to process seamlessly (i.e., without any manual intervention) business transactions with CLEC's OSS application, and vice versa, by means of secure exchange of transaction data models that use data fields and usage rules that can be received and processed by the other Party to achieve the intended OSS Function and related response. (See also Electronic Bonding.)

  • Dispute has the meaning set forth in Section 13.1.

  • Viable means a disposal system or a public water supply system which is self-sufficient and has the financial, managerial, and technical capability to reliably meet standards of performance on a long-term basis, as required by state and federal law, including the federal Water Pollution Control Act and the federal Safe Drinking Water Act.

  • Disputes means any dispute, claim or controversy arising out of, connected with or relating to this Agreement or any other Loan Document, between or among parties hereto and to the other Loan Documents.

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged in a similar type of undertaking under the same or similar circumstances.

  • Problem means a defect in Software as defined in SailPoint’s standard Software specification that significantly degrades such Software.

  • Good Utility Practice means any of the practices, methods and acts engaged in or approved by a significant portion of the North American electric utility industry during the relevant time period, or any of the practices, methods and acts which, in the exercise of reasonable judgment in light of the facts known at the time the decision was made, could have been expected to accomplish the desired result consistent with good business practices, reliability, safety and expedition. Good Utility Practice is not intended to be limited to the optimum practice, method, or act to the exclusion of all others, but rather to be acceptable practices, methods, or acts generally accepted by NERC.

  • Prudent Utility Practice at a particular time means any of the practices, methods, and acts (including but not limited to the practices, methods and acts engaged in or approved by a significant portion of the sewerage and wastewater utility industry prior thereto), which, in the exercise of reasonable judgment in light of the facts and the characteristics of the System known at the time the decision was made, would have been reasonably expected to accomplish the desired result at reasonable cost consistent with reliability, safety and expedition and good customer relations. Prudent Utility Practice is not intended to be limited to the optimum or minimum practice, method or act, to the exclusion of all others, but rather to be a spectrum of possible practices, methods or acts.

  • Develop means to engage in Development.