Social costs definition

Social costs means costs estimated from the viewpoint of society, rather than individual stakeholders, representing the total burden imposed on the economy and consisting of the sum of all opportunity costs incurred associated with taking actions. “Opportunity costs” means the value lost to society of all the goods and services that will not be produced and consumed as a facility complies with permit requirements, and society reallocates resources away from other production activities and toward minimizing adverse environmental impacts.
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Social costs means costs estimated from the viewpoint of society, rather than individual stakeholders. Social cost represents the total burden im- 40 CFR Ch. I (7–1–20 Edition)posed on the economy; it is the sum of all opportunity costs incurred associ- ated with taking actions. These oppor- tunity costs consist of the value lost to society of all the goods and services that will not be produced and con- sumed as a facility complies with per- mit requirements, and society reallo- cates resources away from other pro- duction activities and towards mini- mizing adverse environmental impacts.§ 125.93 [Reserved]§ 125.94 As an owner or operator of an existing facility, what must I do to comply with this subpart?(a) Applicable Best Technology Avail- able for Minimizing Adverse Environ- mental Impact (BTA) standards. (1) On or after October 14, 2014, the owner or op- erator of an existing facility with a cu- mulative design intake flow (DIF) greater than 2 mgd is subject to the BTA (best technology available) stand- ards for impingement mortality under paragraph (c) of this section, and en- trainment under paragraph (d) of this section including any measures to pro- tect Federally-listed threatened and endangered species and designated crit- ical habitat established under para- graph (g) of this section.
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Social costs means costs estimatedfrom the viewpoint of society, rather than individual stakeholders. Social cost represents the total burden im- posed on the economy; it is the sum of all opportunity costs incurred associ- ated with taking actions. These oppor- tunity costs consist of the value lost to society of all the goods and services that will not be produced and con- sumed as a facility complies with per- mit requirements, and society reallo- cates resources away from other pro- duction activities and towards mini- mizing adverse environmental impacts.
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Examples of Social costs in a sentence

  • Social costs are the costs to the Consultant of staff’s non-monetary benefits.

  • Social costs are the costs to the firm of staff’s non-monetary benefits.

  • Social costs are the costs to the Consultant of staff’s non-monetary benefits.These items include, inter alia, pension, medical and life insurance costs, and the cost of a staff member being sick or on vacation.

  • The Applicant acknowledges that the granting of any development consent should be subject to a section 37 condition requiring compliance with the compensatory measures that are to be brought forward in its compensation plan.

  • Social Costs Social costs are the costs to the Consultant of staff’s non-monetary benefits.

  • Social costs; (d) Waste and disposal implications (in particular, obsolete stocks of pesticides and clean-up of contaminated sites): (i) Technical feasibility; and (ii) Cost; (e) Access to information and public education; (f) Status of control and monitoring capacity; and (g) Any national or regional control actions taken, including information on alternatives, and other relevant risk management information.

  • Social costs can also arise in connection with unpaid traineeships that may limit the career opportunities of those from disadvantaged backgrounds.

  • Social costs were also valued at the alternate discount rates, but the estimate is unchanged at this level of rounding.

  • There is evidence that the grain dealer has engaged or is engaging in business underthis chapter without obtaining a license as required pursuant to section 203.3. b.

  • Social costs: a report specifying the costs of addiction to societies.


More Definitions of Social costs

Social costs means costs estimated from the viewpoint of society, rather than individual stakeholders. Social cost represents the total burden imposed on the economy; it is the sum of all opportunity costs incurred associated with taking actions. These opportunity costs consist of the value lost to society of all the goods and services that will not be produced and consumed as a facility complies with permit requirements, and society reallocates resources away from other production activities and towards minimizing adverse environmental impacts.§ 125.93 [Reserved] § 125.94 As an owner or operator of an existing facility, what must I do to comply with this subpart?(a) Applicable Best Technology Available for Minimizing Adverse Environmental Impact (BTA) standards.
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Social costs means the costs of certain programs including, but not limited to, residential low usage rate programs, peak load reduction programs, energy audit programs, bad weather cutoff moratorium programs, medical priority programs, and other similar programs the Commission may require on a statewide basis for the public good;
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Social costs means all costs associated with the administration, development and implementation of a program which shall involve negotiating and implementing a community needs and benefits program for the Ejido and non-Ejido community pursuant to and in connection with the Ejido Agreements as defined in the Asset Purchase Agreement including, but not limited to, such matters as medical clinic known as the Mulatos clinic and staffing therefore including a doctor and a nurse and related medicine and travel costs, teachers’ housing, necessary office rental as required, warehouse storage costs, community infrastructure including roads, general housing, social conditions, work and assistance programs designed to provide employment, community infrastructure and health improvements, job training, and education to the Ejido and non-Ejido community and any and all matters and costs associated therewith that may arise under or be incidental to the Ejido Agreements as determined at the sole discretion of National Gold provided however that any costs assumed outside of the current Ejido Agreements will require the approval of both National Gold and Alamos;
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Social costs shall include the total of all costs incurred towards employees, apart from salaries, as required by **** applicable laws, or by any other generally accepted business practice in the normal course of business in the region in which the firm operates.
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Related to Social costs

  • Social Distancing means individuals keeping at least six (6) feet of distance from other individual who are not members of their household.

  • Social work means the application of specialized knowledge of human development and behavior and social, economic, and cultural systems in directly assisting individuals, families, and groups to improve or restore their capacity for social functioning, including counseling, the use of psychosocial interventions, and social psychotherapy for a fee, salary, or other consideration.

  • Social worker means a person with a master's or further

  • Social Housing has the meaning attributed to it in Section 68 of the HRA 2008;

  • Social Engineering Fraud means the intentional misleading of an Employee through the use of a Communication, where such Communication:

  • Social study means a written evaluation of matters relevant to the disposition of the case and shall contain the following information:

  • Social Enterprise means a business that: (i) is owned by a non-profit organization or community services co-operative; (ii) is directly involved in the production and/or selling of goods and services for the combined purpose of generating income and achieving social, cultural, and/or environmental aims; and (iii) has a defined social and/or environmental mandate.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Social services means foster care, adoption, adoption assistance, child-protective services, domestic violence services, or any other services program implemented in accordance with regulations adopted by the Board. Social services also includes adult services pursuant to Article 4 (§ 51.5-144 et seq.) of Chapter 14 of Title 51.5 and adult protective services pursuant to Article 5 (§ 51.5-148) of Chapter 14 of Title 51.5 provided by local departments of social services in accordance with regulations and under the supervision of the Commissioner for Aging and Rehabilitative Services.

  • Actual Costs as used herein shall mean those costs that were reasonably incurred in order to protect the honesty and integrity of the gaming being operated by Tribe under, and to monitor the Tribe’s compliance with, the Compact. Costs incurred in common for more than one tribe shall be allocated among such tribes. For purposes of this Section 13, prior years’ actual costs shall be based on the actual costs incurred for the twelve months ending September 30. Regulatory Fees shall be paid as follows:

  • EBITA means for any period, operating profit (loss) plus (i) amortization, including goodwill impairment, (ii) amortization of non-cash distribution and marketing expense and non-cash compensation expense, (iii) restructuring charges, (iv) non-cash write-downs of assets or goodwill, (v) charges relating to disposal of lines of business, (vi) litigation settlement amounts and (vii) costs incurred for proposed and completed acquisitions.

  • Social program means a program implemented with board

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Personnel Costs means the costs of researchers, technicians and other supporting staff to the extent employed on the relevant project or activity;

  • Actual Cost means the cost of depleted supplies, records storage media costs, actual mailing and alternative delivery costs, or other transmitting costs, and any direct equipment operating and maintenance costs, including actual costs paid to private contractors for copying services.

  • social infrastructure means community facilities, services and networks that meet social needs and enhance community well-being;

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Travel costs ’ means expenses for transportation, lodging, subsistence (meals and incidentals), and related expenses incurred by employees who are on travel status on official business of the recipient for any travel outside the country in which the organization is located. “Travel costs” do not include expenses incurred by employees who are not on official business of the recipient, such as rest and recuperation (R&R) travel offered as part of an employee’s benefits package that are consistent with the recipient’s personnel and travel policies and procedures.

  • Normal cost means the annual cost attributable, under the actuarial cost method in use, to current and future years as of a particular valuation date, excluding any payment in respect of an unfunded actuarial liability.

  • EBIT means earnings before interest and taxes.

  • Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof.

  • Social Security means the old-age survivors and disability section of the Federal Social Security Act;

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • Social Media means web-based applications and on-line forums that allow users to interact, share and publish content such as text, links, photos, audio and video;

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.