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English definition of “feasibility study”

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feasibility study

noun [C] uk   us  
an examination of a situation to decide if a suggested method, plan, or piece of work is possible or reasonable: The local authority is to carry out a feasibility study into expanding the old stadium. The company agreed to conduct a feasibility study for a hydroelectric plant at Elizabeth Falls.
(Definition of feasibility study from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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