Entrepreneurship refers to the process of starting and launching a business and includes the willingness and ability to take on that business risk. favourable economic conditions; An area with a favourable climate will inevitably be richer than one without. Mike Moffatt. 2023. In the narrowest sense, the government's involvement in the economy is to help correct market failures or situations in which private markets cannot maximize the value that they could create for society. Additionally, the more favorable cancelation options have alleviated some hesitancy among advertisers at committing to spend millions of dollars. They experience better profits since they can sell their products at higher prices. Globe Negotiates For Favorable Economic Terms And Minority Stockholder ProtectionsOver the next two months, Globe negotiated with Grupo VM. 3 favorable (to/for somebody/something) good for something and making it likely to be successful or have an advantage synonym advantageous The terms of the agreement are favorable to both sides. Usage explanations of natural written and spoken English, It might not be rational to give an attractive couple a, We want a lot of films to be filmed here with, Let us give them money if that's what they need -- a nonrecourse loan at very, Decades ago, only television viewers could see this stripe, leaving the principals -- receivers, linebackers, coaches -- to pray for a, Most recently, her handling of the state's massive flooding has drawn, If it wants to avoid regulation and secure, If anything, meeting in private could fuel complaints that some property owners are getting, Army leaders believe it will take "several challenging years ahead" to restore balance and set. SAFE Rules and Regulations means collectively, the Circular 37 and any other applicable SAFE rules and regulations. the structure or conditions of economic life in a country, area, or period; also : an economic system See the full definition Learn a new word every day. c : giving a result that is in one's favor a favorable comparison d : affirmative a favorable reply 2 Middle French yconomie, from Medieval Latin oeconomia, from Greek oikonomia, from oikonomos household manager, from oikos house + nemein to manage more at vicinity, nimble, 15th century, in the meaning defined at sense 4. The terms of the agreement are favorable to both sides. Subscribe to America's largest dictionary and get thousands more definitions and advanced searchad free! technical and organizational security measures means those measures aimed at protecting personal data against accidental or unlawful destruction or accidental loss, alteration, unauthorized disclosure or access, in particular where the processing involves the transmission of data over a network, and against all other unlawful forms of processing. 14th century, in the meaning defined at sense 1a, Your preference depends on where you're from. freezing of economic resources means preventing the use of economic resources to obtain funds, goods or services in any way, including, but not limited to, by selling, hiring or mortgaging them; Regulatory Capital Requirements means any applicable capital resources requirement or applicable overall financial adequacy rule required by the PRA pursuant to the Relevant Rules, as such requirements or rules are in force from time to time; Product Conditions means these product terms and conditions. Using a different reference or base for. U.S. Economic Sanctions Laws means those laws, executive orders, enabling legislation or regulations administered and enforced by the United States pursuant to which economic sanctions have been imposed on any Person, entity, organization, country or regime, including the Trading with the Enemy Act, the International Emergency Economic Powers Act, the Iran Sanctions Act, the Sudan Accountability and Divestment Act and any other OFAC Sanctions Program. favorable, auspicious, propitious mean pointing toward a happy outcome. These figures compare favorably with last year's. An increase in tourism will help the city's, Typically offered in countries that need influxes of population or capital, the price tag is usually an investment in the local, Those prices are typically less volatile than food and energy and can better indicate the direction of prices in the US, After suffering steeper job losses than men in the Covid-19 recession, many women have quickly regained their footing in an, Now warning bells are ringing in Southeast Asias biggest, In a shaky advertising market in an uncertain, Post the Definition of economy to Facebook, Share the Definition of economy on Twitter, The businesss new computer system proved not to be a. Kids Definition. Home and community-based services or "HCBS" means Home and Community-Based Services as defined in OAR chapter 411, division 004. economic operators means the manufacturer, the authorised representative, the importer and the distributor; Intended Use Plan or IUP means the program document identifying the intended uses of funds available for loans pursuant to the WPCSRF and the DWSRF. Are your language skills up to the task of telling the difference? Each item should be placed in one of the two bins., Sort which events effect the size of an economy according to the neoclassical perspective and more. Economic recovery is the business cycle stage following a recession that is characterized by a sustained period of improving business activity. Trump And Biden Both Got Small Convention Bounces. Demand in economics is defined as consumers' willingness and ability to consume a given good. Share the Definition of prosperous on Twitter Twitter. You can complete the definition of favorable economic given by the English Definition dictionary with other English dictionaries: Wikipedia, Lexilogos, Oxford, Cambridge, Chambers Harrap, Wordreference, Collins Lexibase dictionaries, Merriam Webster English-Definition dictionary : translate English words into Definition with online dictionaries. When is auspicious a more appropriate choice than favorable? auspicious, favorable; marked by success or economic well-being; enjoying vigorous and healthy growth : flourishing See the full definition Hello, . balance of trade, the difference in value over a period of time between a country's imports and exports of goods and services, usually expressed in the unit of currency of a particular country or economic union (e.g., dollars for the United States, pounds sterling for the United Kingdom, or euros for the European Union). Favorable conditions make it easier to start a business, grow, enjoy investment returns and find employment. auspicious applies to something taken as a sign or omen promising success before or at the start of an event. the effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms. English Collins Dictionary - English Definition & Thesaurus, Collaborative Dictionary English Definition, portmanteau word: producer + consumer. Prima facie, the verdict here is less favorable than in the previous case. Accessed 1 Mar. While in some cases nearly identical to favorable, propitious may also apply to beginnings but often implies a continuing favorable condition. Look up any word in the dictionary offline, anytime, anywhere with the Oxford Advanced Learners Dictionary app. You know what it looks like but what is it called? Accessed 1 Mar. freezing of economic resources means preventing the use of economic resources to obtain funds, goods or services in any way, including, but not limited to, by selling, hiring or mortgaging them; Uniform Grant Management Standards or UGMS means uniform grant and contract administration procedures, developed under the authority of Chapter 783 of the Texas, Registrant Phone Ext 1234 Registrant Fax: +1.5555551213 Registrant Fax Ext: 4321 Registrant Email: XXXXX@XXXXXXX.XXX Admin ID: 5372809-ERL Admin Name: EXAMPLE REGISTRANT ADMINISTRATIVE Admin Organization: EXAMPLE REGISTRANT ORGANIZATION Admin Street: 000 XXXXXXX XXXXXX Xxxxx Xxxx: ANYTOWN Admin State/Province: AP Admin Postal Code: A1A1A1 Admin Country: EX. a. Dictators who rule Latin American countries welcome Western international business as a way to build the economy. a series of related things or events, or the order in which they follow each other, Watch your back! Local Exchange Routing Guide (LERG means the iconectiv Reference document used by Telecommunications Carriers to identify NPA-NXX routing and homing information as well as Network element and equipment designations. Definition of favorable adjective from the Oxford Advanced American Dictionary. Add favorable to one of your lists below, or create a new one. Idioms with the word back, Cambridge University Press & Assessment 2023. ortografa americana de favourable: favorable, favorable [masculine-feminine], Test your vocabulary with our fun image quizzes, Clear explanations of natural written and spoken English. In-situ conditions means conditions where genetic resources exist within ecosystems and natural habitats, and, in the case of domesticated or cultivated species, in the surroundings where they have developed their distinctive properties [Article 2, CBD]. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Most comprehensive library of legal defined terms on your mobile device, All contents of the lawinsider.com excluding publicly sourced documents are Copyright 2013-, technical and organizational security measures. Favorable Economic Conditions exist when Gross Profit is $.30 per gallon, or more, and such conditions exist for two consecutive calendar quarters, or fewer if determined by Lessee. The following are common types of market conditions. The fascinating story behind many people's favori Can you handle the (barometric) pressure? An increase in price will decrease the quantity demanded of most goods. British English and American English are only different when it comes to slang words. The exemption only refers to short-rotation coppice, and not 'conventional' coppice which is forest management and therefore subject to the timber policy. To save this word, you'll need to log in. exclusive economic zone means the zone established by Presidential Proclamation Numbered 5030, dated March 10, 1983, including the ocean waters of the areas referred to as eastern special areas in Article 3(1) of the Agreement between the United States of America and the Union of Soviet Socialist Re- publics on the Maritime Boundary, signed June 1, 1990; Non-transient non-community water system means a public water system that is not a community water system and that regularly serves at least 25 of the same persons over 6 months per year. Delivered to your inbox! The fascinating story behind many people's favori Can you handle the (barometric) pressure? B-BBEE status level of contributor means the B-BBEE status of an entity in terms of a code of good practice on black economic empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act; EU Bail-In Legislation Schedule means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time. 0 && stateHdr.searchDesk ? Socially and economically disadvantaged person means an individual who is a citizen or lawful permanent resident of the United States and who is Black, Hispanic, Native American, Asian, Female; or a member of another group or an individual found to be disadvantaged by the Small Business Administration pursuant to Section 3 of the Small Business Act. 2. 130050; Middle English