Definition of Recreational benefit

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TeachMeFinance.com - explain Recreational benefit



Recreational benefit

The term 'Recreational benefit' as it applies to the area of reclamation can be defined as ' Value of recreational activity to the recreationist, usually measured in dollars above the cost of participating in the recreational activity (travel, entrance fees, etc). Used for valuing recreational resources produced through Federal projects, synonymous with the consumer surplus associated with the recreational activity'.

Previous 5 Terms:
Recoverable reserves, estimated recoverable reserves(coal)
Recovery factor (coal)
Recovery percentage (coal)
Recreation
Recreation Report
Next 5 Terms:
recruiting
Recruitment
recruitment status
rectangle
rectangular coordinate plane




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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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