Definitions for uneconomic
un·eco·nom·ic

Princeton's WordNetRate this definition:0.0 / 0 votes

1. uneconomical, uneconomicadjective

   wasteful of resources

WiktionaryRate this definition:0.0 / 0 votes

1. uneconomicadjective

   financially inefficient, costly, wasteful, or loss making

WikipediaRate this definition:0.0 / 0 votes

1. uneconomic

   Uneconomic growth is economic growth that reflects or creates a decline in the quality of life. The concept is used in human development theory, welfare theory, and ecological economics. It is usually attributed to ecological economist Herman Daly, though other theorists may also be credited for the incipient idea, According to Daly, "uneconomic growth occurs when increases in production come at an expense in resources and well-being that is worth more than the items made." The cost, or decline in well-being, associated with extended economic growth is argued to arise as a result of "the social and environmental sacrifices made necessary by that growing encroachment on the eco-system."

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1. uneconomic

   Uneconomic refers to something that does not make financial or economic sense, or is not financially profitable or advantageous. This can be in terms of inefficient use of resources, high cost of production, or low returns on investments. Anything described as uneconomic is deemed unsustainable or not viable in the long term from a financial or economic perspective.

How to pronounce uneconomic?

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How to say uneconomic in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of uneconomic in Chaldean Numerology is: 1

2. Pythagorean Numerology

   The numerical value of uneconomic in Pythagorean Numerology is: 4

Examples of uneconomic in a Sentence

1. Tom Petrie:

   There are things you could do when oil was 90 or a 100 dollars a barrel that will be uneconomic at today's price without question.

2. Founder Rich Kinder:

   We evaluated numerous options, including significant asset sales, but ultimately concluded that these other options were uneconomic to our investors in the long run. This decision was not made lightly.

3. Tim Veenstra:

   It's devastating, it's the final thing that pulls the rug right out from all the weak companies. You're forced to produce wells that are uneconomic just to keep your LLR positive.

4. Edward Meir:

   It's better to have the units than not to have the units, it doesn't change the underlying premise: smelters are finding it increasingly uneconomic to produce in the West.

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References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=uneconomic
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Uneconomic
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Uneconomic
4. ^ ChatGPT
   https://chat.openai.com