USED OIL

Spent motor oil from passenger cars and trucks collected at specified locations for recycling.

USER COST

Concept proposed for valuation of the depletion of mineral deposits (El Serafy, 1989). A time-bound stream of net revenues from the sale of an exhaustible natural resource is converted into a permanent income stream by investing part of the revenues—the user cost allowance—over the lifetime of the resource. The remaining amount of the revenue is […]

USER(S)

The entity agreeing to the Terms of Use, including such representative as the entity shall appoint and designate by completing the Project Developer’s Designation of Authority Form.

UTILITARIAN

An approach that focuses on the satisfaction of human preferences. In some cases, this is taken further and made the basis of a moral viewpoint.

UTILITY

The total satisfaction derived from the consumption of goods or services.

V-NOTCH

Type of weir for gaging discharge in small streams; narrow ravine or valley.

VA LOAN

A VA Loan is a loan on below market terms guaranteed by the Department of Veterans Affairs, provided to former members of the armed forces.

VACANCY RATE

Vacancy Rate is the percentage of all available rental units in a given area that are not occupied.

VACANT LAND

Vacant Land is land that may be improved or developed, but is not currently in use and has no structures.