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English definition of “viability”

viability

noun [U]
 
 
/ˌvaɪəˈbɪləti/
the degree of chance that something will succeed: the viability of sth Her role was to assess the viability of investment options overseas.commercial/economic/financial viability This year will serve as an important test of commercial viability for the new electric vehicles. future/longterm viability The longterm viability of the coal-fired power plants is at risk.
(Definition of viability from the Cambridge Business English Dictionary © Cambridge University Press)
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