Option (finance)In finance, an option is a contract which conveys to its owner, the holder, the right, but not the obligation, to buy or sell a specific quantity of an underlying asset or instrument at a specified strike price on or before a specified date, depending on the style of the option. Options are typically acquired by purchase, as a form of compensation, or as part of a complex financial transaction.
Biomedical wasteBiomedical waste or hospital waste is any kind of waste containing infectious (or potentially infectious) materials generated during the treatment of humans or animals as well as during research involving biologics. It may also include waste associated with the generation of biomedical waste that visually appears to be of medical or laboratory origin (e.g. packaging, unused bandages, infusion kits etc.), as well research laboratory waste containing biomolecules or organisms that are mainly restricted from environmental release.
Turbine-electric powertrainA turbine–electric transmission system includes a turboshaft gas turbine connected to an electrical generator, creating electricity that powers electric traction motors. No clutch is required. Turbine–electric transmissions are used to drive both gas turbine locomotives (rarely) and warships. A handful of experimental locomotives from the 1930s and 1940s used gas turbines as prime movers. These turbines were based on stationary practice, with single large reverse-flow combustors, heat exchangers and using low-cost heavy oil bunker fuel.
TorrefactionTorrefaction of biomass, e.g., wood or grain, is a mild form of pyrolysis at temperatures typically between 200 and 320 °C. Torrefaction changes biomass properties to provide a better fuel quality for combustion and gasification applications. Torrefaction produces a relatively dry product, which reduces or eliminates its potential for organic decomposition. Torrefaction combined with densification creates an energy-dense fuel carrier of 20 to 21 GJ/ton lower heating value (LHV).
DehumidifierA dehumidifier is an air conditioning device which reduces and maintains the level of humidity in the air. This is done usually for health or thermal comfort reasons, or to eliminate musty odor and to prevent the growth of mildew by extracting water from the air. It can be used for household, commercial, or industrial applications. Large dehumidifiers are used in commercial buildings such as indoor ice rinks and swimming pools, as well as manufacturing plants or storage warehouses.
Cabin pressurizationCabin pressurization is a process in which conditioned air is pumped into the cabin of an aircraft or spacecraft in order to create a safe and comfortable environment for humans flying at high altitudes. For aircraft, this air is usually bled off from the gas turbine engines at the compressor stage, and for spacecraft, it is carried in high-pressure, often cryogenic, tanks. The air is cooled, humidified, and mixed with recirculated air by one or more environmental control systems before it is distributed to the cabin.
Environmental control systemIn aeronautics, an environmental control system (ECS) of an aircraft is an essential component which provides air supply, thermal control and cabin pressurization for the crew and passengers. Additional functions include the cooling of avionics, smoke detection, and fire suppression. The systems described below are specific to current production Boeing airliners, although the details are essentially identical for passenger jets from Airbus and other companies.