Akademik

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

* * *

▪ 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

* * *

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.