Production

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Production

In the context of project financing, a defined portion of the proceeds of production up to a dollar amount.

Production

1. The process of turning raw material into a product that is sold. For example, a company's production may involve turning silver, zinc, and mercury into a dental filling.

2. Less commonly, the revenue one derives from production.

production

the act of combining FACTORS OF PRODUCTION (labour, capital, etc.) by FIRMS to produce OUTPUTS of goods and services. The relationship between inputs and outputs in physical terms is shown by the PRODUCTION FUNCTION and in cost terms by the COST FUNCTION. See BATCH PRODUCTION, MASS PRODUCTION, FLEXIBLE MANUFACTURING SYSTEM.
References in classic literature ?
There is plenty of demand in a large city for produce of all kinds, but not every commune is situated at the gates of a city.
One breakthrough was the discovery, reported in the 18 January 2002 issue of Science by Derek Lovley, a professor in the Department of Microbiology at the University of Massachusetts Amherst, that Geobacter produces electricity.
from the Dilleniidae, because it was readily available, easy to grow and produces a lower molecular weight, poorer quality polymer.
Because ethanol produces about a third less energy than gasoline when burned in an internal combustion engine, you need a third more ethanol than gasoline to drive the car the same distance.
The Oulu mill produces art paper in sheets and reels with end uses in commercial printing, advertising, catalogs, journals, special interest magazine, annual reports, coffee table books, and other markets.
P12 closely resembles the protease inhibitor that the tobacco plant produces when under attack.
This produces two separate areas of concern regarding exposure of workers: proximity to a weak source (such as a computer terminal) or distance from a strong source (such as a major element of the power distribution system).
The result- a raisin-like grape that produces an intensely flavored special-edition sauterne or spatlese.
The average survey respondent produces 68 percent of his or her publications on desktop.
Family Room Entertainment develops, produces and performs production related services for the entertainment industry.
Stock Drive Products, New Hyde Park, NY, the company that produces the belts, had the idea of automating this difficult and expensive job.