See Also: levelised life-cycle cost(medicine)
Life Cycle(money)
life cycle(medicine)
life cycle(dictionary)
Life cycle(finance)
Family Life Cycle(money)
Project Life Cycle(money)
direct life cycle(medicine)
life-cycle costing(medicine)
indirect life cycle(medicine)
levelised life-cycle cost (medicine) and digitize (iou)
levelised life-cycle cost (medicine)
levelised life-cycle cost
The present value of the cost of a resource, including capital, financing and operating costs, expressed as a stream of equal annual payments. This stream of payments can be converted to a unit cost of energy by dividing the annual payment amount by the annual kilowatt-hours produced or saved. By levelizing costs, resources with different lifetimes and generating capabilities can be compared.
digitize (iou)
digitize verb trans. Also digitise. L17.
[from DIGIT noun + -IZE.]
Manipulate, point at, or count with the fingers. rare. L17.
Convert (a varying quantity) into a sequence of digits; represent in digital form. M20.
digiti'zation noun M20.
digitizer noun (a) rare a person who digitizes; (b) a device that converts analogue signals etc. to digital ones: M18.
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