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Project |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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Project The asset constructed with or owned via a project financing, which is expected to produce cash flow at a debt-service coverage ratio sufficient to repay the project financing. Project Any series of tasks or activities intended to accomplish a goal, which is ultimately to make a profit. For example, a construction company may have a project to build a house. This project involves laying in the foundation, setting up the frame, installing insulation, and so forth. A company may receive a lump sum payment at the completion of the project, or it may receive progress payments as different benchmarks on the way to completion are met. See also: Project finance. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Though he often has to scratch in strange corners to find ways to build cheaply, he has managed to find creative ways of keeping affordable housing projects in Harlem, and throughout the five boroughs, afloat. Richard Shelby from Alabama began writing a provision that would bar voter registration in public housing projects. Under the plan, any additional property tax revenues generated by new housing projects would go back to the council districts, not to the city's general fund. |
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