project


project
The asset constructed with or owned via a project financing, which is expected to produce cash flow at a debt-service coverage ratio sufficient to repay the project financing. Bloomberg Financial Dictionary

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I. project proj‧ect 1 [ˈprɒdʒekt ǁ ˈprɑː-] noun [countable]
1. an important and carefully planned piece of work that will create something new or improve a situation:

• the country's largest ever construction project

• San Miguel plans to finance the project 42% from equity and 58% from loans.

• a joint copper-mining research project

• The project is scheduled to be completed in early 2009.

ˈcapital ˌproject FINANCE PROPERTY
a plan to build a large building, factory etc that will be paid for by loans and investments:

• Declining interest rates make some companies less reluctant to borrow for capital projects.

— see also greenfield project
2. project finance/​financing FINANCE PROPERTY money needed for a large building project, usually in the form of investment loans:

• Olympia & York Developments Ltd. is negotiating long-term project financing for its Canary Wharf development in London.

— see also greenfield project
  [m0] II. project pro‧ject 2 [prəˈdʒekt] verb [transitive]
to calculate what the size, amount, or rate of something will be in the future:

• California Microwave dropped 2 points after it projected earnings of 19 cents a share for the third quarter.

• Sources said that privately the company is projecting a bigger decline.

— projected adjective :

• New Jersey's projected rates of return are in line with assumptions made by other corporations.

• a $17 billion cut in projected spending

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Ⅰ.
project UK US /ˈprɒdʒekt/ noun [C]
a piece of planned work or an activity which is done over a period of time and intended to achieve a particular purpose: »

The date for starting the project will be set once financing is completed.

set up/launch a project »

They set up the research project with help from the university.

fund/pay for/finance a project »

Two local businesses funded the project.

»

manage/run a project

»

complete/finish a project

»

a joint/large/major project

»

a building/construction/development project

See also CAPITAL PROJECT(Cf. ↑capital project), GREENFIELD PROJECT(Cf. ↑greenfield project)
Ⅱ.
project UK US /prəʊˈdʒekt/ verb [T]
ECONOMICS, FINANCE to calculate an amount or number expected in the future from information already known: »

The amount was less than we had projected.

»

The state is projecting a $275 million shortfall for the rest of the fiscal year.

be projected (to do sth) »

Growth rate is projected for five years.

»

The deficit is projected to rise to $17 million next year.

»

The project controller said the highway was currently seeing between 20,000 and 24,000 vehicles a day, fewer than the 26,000 originally projected.

»

The review projects that gas could end up accounting for more than 50% of generating supply by 2020.

to plan for sth to happen or expect sth to happen: be projected to do sth »

The work is projected to start in November.

to make other people see or feel a particular quality or idea in the way you behave: »

The candidate projects supreme confidence in his own views and abilities.

»

He was told that arriving in his Rolls-Royce might project the wrong image .

COMMUNICATIONS to cause an image to appear on a screen or surface using a projector: project sth on/onto sth »

The digital video will be projected on a huge I-MAX screen.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

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