economic life
economic life 经济寿命 指财产的使用寿命或可供营运获利的寿命。一般比其物理寿命〔physical life〕短。
economic life. The duration of an asset’s profitability, usu. shorter than its physical life.
economic life value 生命的经济价值 指由于被保险人的死亡而对家庭、企业所造成的直接和间接的经济损失的数额。
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natural resource. 1. Any material from nature having potential economic value or providing for the sustenance of life, such as timber, minerals, oil, water, and wildlife. 2. Environmental features that serve a community’s well-being or recreational interests, such as parks. [Cases: Environmental Law 13.]
Tennessee Valley Authority. A government-owned corporation, created in 1933, that conducts a unified program of resource development to advance economic growth in the Tennessee Valley region. • The Authority’s activities include flood control, navigation development, electric-power production, fertilizer development, recreation improvement, and forestry-and-wildlife development. Though its power program is financially self-supporting, the Authority’s other programs
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A state in which the political, economic, and social life of its citizens is subject to repressive governmental control and arbitrary uses of power by the ruling elite, which uses the police as the instrument of control; a totalitarian state.
nihilism (nI-[schwa]l-iz-[schwa]m). 1. A doctrine maintaining that there is no rational justification for moral principles and that there is no objective truth. 2. The view that traditional beliefs are unfounded and that life is meaningless and useless. 3. A theory that the existing economic, social, or political institutions should be destroyed, regardless of the result,