VIABILITY Definition

Bookmark and Share

VIABILITY, in economics, is the capability of developing and surviving as a relatively independent social, economic or political unit.

Learn new Accounting Terms

MONEY MARKET is a sector of the capital market where short-term obligations such as Treasury bills, commercial paper and bankers acceptances are bought and sold.

ROYALTY is the share of the product, or of the proceeds realized from the product, reserved by an owner for permitting another entity to exploit and use that entity's property, i.e. it is the rental paid to the original owner of property based upon a percentage of sales, profit or production. Royalty can involve literary works, inventions, and other intellectual property, as well as mining leases and conveyances.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.