Definition, Meaning & Synonyms

economically-feasible

adjective

/ˌiːkəˈnɒmɪkliˌfiːzəbl/

Definition

Capable of being achieved with available financial resources and in a manner that is financially viable.

Examples

Investing in renewable energy can be economically-feasible if subsidies are provided.
The new plan was found to be economically-feasible after a thorough cost analysis.

Meaning

The term refers to projects or actions that are practical and likely to succeed without leading to financial loss. It implies a careful consideration of costs versus benefits.