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


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.


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 periodicals archive ?
This resulted in DoD's establishing an acquisition category (ACAT) ID program and approving the simultaneous start of engineering and manufacturing development (EMD) and low rate initial production (LRIP) in March 2001.
More than 70 percent of its production remains domestic, although the Japanese market accounts for only 32 percent of the company's global passenger car sales.
The domestic manufacturers' deduction permits a phased-in deduction of a specified percentage of a business's "qualified production activities income" or its taxable income, whichever is lower.
Out on the production floor, nobody talks about Al or expert systems, even though the technology does exist and it's very much a part of automotive production.
The production of durable consumer goods dropped 1.
While much of it has been market and technology driven, government-mandated regulations have produced equally significant shifts in casting production.
In addition to the cost-effectiveness of a particular manufacturing route, special product requirements such as freedom from burring and the precise maintenance of dimensional tolerances must be taken into account when selecting the production route for pharmaceutical stoppers.
Toronto-based film and TV production company The Film Works, is enjoying the positive critical and audience response to its feature Such a Long Journey.
and sells it in a possession or vice versa (Possession Production Sales), and when a taxpayer purchases inventory in a possession and sells it in the U.
Calling it a wonder of urban geology that will meet the growing demand for production studios being made on the Big Apple, New York City Mayor Rudolph W.

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