Related Words

Optimum Capacity: The amount of manufacturing output that creates the lowest cost per unit.

Milling Capacity: The maximum amount of material that a mill can produce in a unit of time.

Incapacity Benefit: A state benefit payable after the expiry of state sickness benefit if a person is still unfit to work. This replaces the former invalidity benefit and as such carries a reduced level of bene . . . View Full Definition

Molar Heat Capacity: The heat required to raise the temperature of one mole of a substance by 1°C is called the molar heat capacity of the substance. Molar heat capacity is an intensive property with SI system u . . . View Full Definition

No Capacity To Contract: The inability of a person to enter into a valid contract under any circumstances. Such inability can arise when a person has been adjudicated insane or is an officer of a corporation who is . . . View Full Definition

Pareto Optimum: An economic theory by Vilfredo Pareto. It states that the optimum allocation of a society's resources will not happen whilst at least one person thinks he is better off and where others perc . . . View Full Definition

Heat Capacity: The heat required to raise the temperature of an object by 1°C is called the heat capacity of the object. Heat capacity is an extensive property with units of J K-1.

Debt Capacity: A default on debt and obligations by a major financial institution that disrupts the stability of the economic system.

Capacity: An upper limit on the interest rate on a floating-rate note (FRN) or an adjustable-rate mortgage (ARM).

Assimilative Capacity: The ability of a body of water to cleanse itself: its capacity to receive waste waters or toxic materials without deleterious effects and without damage to aquatic life or humans who consume . . . View Full Definition