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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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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