productivity


productivity
The amount of output per unit of input, such as the quantity of a product produced per hour of capital employed. Bloomberg Financial Dictionary

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productivity pro‧duc‧tiv‧i‧ty [ˌprɒdʌkˈtɪvti, -dək- ǁ ˌprɑː-] noun [uncountable] MANUFACTURING ECONOMICS
the rate at which goods are produced, and the amount produced in relation to the work, time, and money needed to produce them:

• Declines in factory jobs and hours worked mean that only more productivity per worker could have raised output in May.

• Strong manufacturing productivity growth reduced the number of manufacturing workers needed.

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productivity UK US /ˌprɒdʌkˈtɪvəti/ noun [U] ECONOMICS, PRODUCTION
the rate at which a country, company, etc. produces goods or services, usually judged in relation to the number of people and the time necessary to produce them: »

The productivity agreement gives staff an extra 10% pay if the team reaches its sales targets.

productivity increases/improves/goes up »

Studies show that if a working environment is pleasant, productivity increases.

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increase/improve/boost productivity

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an increase/decrease/fall in productivity

productivity gains/growth/improvement »

Many economists doubt that productivity growth can be credited to information technology.

the ability to do as much work as possible in a particular period: »

Think about which times of day your productivity is highest, and do the most difficult tasks then.

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The new phone has some useful apps for organizing information – it's a great productivity tool.

See also MARGINAL PRODUCTIVITY(Cf. ↑marginal productivity), RESOURCE PRODUCTIVITY(Cf. ↑resource productivity)

Financial and business terms. 2012.

Look at other dictionaries:

  • Productivity — in economics refers to measures of output from production processes, per unit of input. Labor productivity, for example, is typically measured as a ratio of output per labor hour, an input. Productivity may be conceived of as a measure of the… …   Wikipedia

  • Productivity — Pro duc*tiv i*ty, n. The quality or state of being productive; productiveness. Emerson. [1913 Webster] Not indeed as the product, but as the producing power, the productivity. Coleridge. [1913 Webster] …   The Collaborative International Dictionary of English

  • productivity — productivity. См. продуктивность. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А., Москва: Изд во ВНИРО, 1995 г.) …   Молекулярная биология и генетика. Толковый словарь.

  • productivity — index boom (prosperity), creation, utility (usefulness) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • productivity — 1809, quality of being productive, from PRODUCTIVE (Cf. productive) + ITY (Cf. ity). Economic sense of rate of output per unit is from 1899 …   Etymology dictionary

  • productivity — [n] output, work rate abundance, capacity, fecundity, fertility, mass production, potency, production, productiveness, richness, yield; concept 630 Ant. idleness, unproductivity …   New thesaurus

  • productivity — ► NOUN 1) the state or quality of being productive. 2) the effectiveness of productive effort …   English terms dictionary

  • productivity — pro·duc·tiv·i·ty (prō dŭk tĭvʹĭ tē, prŏd ək ) n. 1. The quality of being productive. 2. Economics. The rate at which goods or services are produced especially output per unit of labor. 3. Ecology. The rate at which radiant energy is used by… …   Universalium

  • productivity — noun ADJECTIVE ▪ high, low ▪ enhanced, greater, improved, increased, maximum ▪ improving, increasing …   Collocations dictionary

  • Productivity — An economic measure of output per unit of input. Inputs include labor and capital, while output is typically measured in revenues and other GDP components such as business inventories. Productivity measures may be examined collectively (across… …   Investment dictionary