Definition of Load factor

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TeachMeFinance.com - explain Load factor



Load factor

The term 'Load factor' as it applies to the area of reclamation can be defined as ' The ratio of an average load to the maximum load. Average load carried by an engine, machine, or plant, expressed as a percentage of its maximum capacity'.

The term 'Load factor' as it applies to the area of energy can be defined as ' The ratio of the average load to peak load during a specified time interval'.


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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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