Arquivos: Glossário

See contingent valuation.

Starting with bare land, WPL is the net present value of all future expected cash flows discounted at some minimum acceptable rate of return (MAR). Thus, WPL is the maximum a buyer can pay for land and still earn the MAR. The WPL is usually expressed in dollars per unit area, for example, $/acre (In […]

The price that someone is willing to receive or accept to give up a good or service.

The price that someone is willing to give up or pay to acquire a good or service. It is the source of the demand price of a good. However, willingness to pay does not require an actual payment.

A pool, or wetland dominated by willow trees or shrubs.

A long, narrow row of vegetation, debris, and some soil created during site preparation and clearing operations.

Trees uprooted by excessive wind. Shallow-rooted trees are almost always affected.

Side walls of a structure used to prevent sloughing of banks or channels and to direct and confine bank material.

U.S. Supreme Court 1908 decision that established the doctrine of federal reservation rights.

Water removed from the ground or diverted from a surface-water source for use. Also refers to the use itself; for example, public-supply withdrawals or public-supply use. See also Offstream use.