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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 ?
Trees and forests, together with increased energy conservation and alternative energy sources, can reduce carbon dioxide production and build-up - and slow global warming.
In the current (November) issue of THE CONDOR, they report that male and female nestlings do not differ in carbon dioxide production.
Elimination of carbon dioxide production within the bacterial cell had no effect on toxin production, suggesting that CO2 activity is not essential to virulence factor induction and that bicarbonate, not CO2, is the signal essential for virulence induction.
In terms of carbon dioxide production, only 700 grams of CO2 will be produced per kilowatt hour compared to 850 grams for the old Kingsnorth plant.
It is impossible to calculate what precise effect more sensible energy use in buildings will have on reduction in increase of greenhouse gases and on global warming: even the mathematical relationships between something as relatively simple as carbon dioxide production and world-wide increases in temperature is only now being understood.
carbon dioxide production will rise by roughly 35 percent in the next 10 years, Reilly notes.
Finally, Yavitt points out that carbon dioxide production at peatlands can be expected to climb even more if climate warming contributes to their drying and colonization by oxygen-using microbes, which decompose carbon-based plant debris more efficiently than do anaerobes such as methanogens and SRBs.

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