Energy Efficiency is getting the same job done, but by consuming less energy. In another perspective, energy efficiency is reducing or if possible eliminating the amount of energy waste from any system without degrading qualityRead More
Turnkey, also spelled as Turn Key and Turn-key, typically means “Ready to use”. It refers to an object that is designed, supplied, built, installed, commissioned, fully complete and ready to use or operate. Turnkey impliesRead More
EPC stands for ‘Engineering, Procurement and Construction’. EPC contract is a type of construction contract between parties where the contractor is responsible for all the engineering, procurement, and construction activities to deliver the completed projectRead More
Turnkey contract is typically a construction contract under which a contractor is employed to plan, design and build a project or an infrastructure and do any other necessary development to make it functional or ‘readyRead More
Prototype means ‘Primitive form’ or ‘First impression’. Prototype is the very first or primary real-world version of a concept or idea. It represents the real form of final product in part or full. Prototype isRead More
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Online Business Dictionary & More
An online business dictionary, glossary, terms archive written in easy to understand approach which helps business novice to professional.