Critical Levels

Also found in: Encyclopedia.

Critical Levels

Values of control parameters where the nature of a nonlinear dynamic system changes. The system can bifurcate, or make the transition from stable to turbulent behavior. An example is the straw that breaks the camel's back.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Critical Level

1. A variable that has reached a sufficiently high or low value as to change the nature of what is discussed. For example, if the revenue of a small business reaches a certain level, it may need to hire additional employees, which could subject the business to more regulation, and this may result in the small business becoming a medium-sized business or even a large corporation. In this case, the revenue necessary to make this happen is called the critical level of revenue.

2. The time when a company's operations have become sufficiently profitable that it can sustain itself without further capital infusions or other sources of outside funding. Critical level is the goal of all start-ups, many of which may remain in the development stage for years or never leave it.

In both cases, the critical level is also called critical mass.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
After falling below critical level in July, Angat Dam slowly regained its water level as it nears its minimum operating level.
NORZAGARAY, Bulacan --"Angat Dam is being closely monitored, water still in critical level, heavy rains needs to replenish."
1 were operating above critical level at 93 percent and 89 percent, respectively.
In Simly Dam, water has fallen below the critical level of 2,253ft, and far below the 14-year average of 2,283ft.
The critical levels for Ruse are over 880 cm, but even then there is no risk for the urban area of the city.
Both Angat and La Mesa dams have not reached their critical levels, but they could have reached spill levels had Egay not left the Philippines, Ramos said.
Make certain that residence times are not excessive and melt temperatures are below critical levels.
Duncan McClure Fisher, of Warranty Direct, said: 'The problem is reaching critical levels and something needs to be done.'
"The imbalance between gas production and demand has reached critical levels. What was a forecast is now a reality," Munoz said.
In Liverpool we know how the Lib Dem's have reduced cleansing staff, cut back traffic schemes funding, cut back security staff, cut maintenance funds for repairs to critical levels and at the same time just given 20 of themselves another pounds 2,000 pay increase.

Full browser ?