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The economic value of a product or service compared to its
Eco-efficiency
natural capital costs.
The impact of a product or service across its life cycle. One
can calculate a product's carbon, water, energy and material
Footprint
footprints, for example. This is similar to an LCA except that

footprints typically only evaluate one environmental issue.
Designing products and processes to minimize environmental
Green
impacts and protect human health without compromising
engineering
economic value.
Horizontal Material recycling that allows for reuse in a comparable
recycling function.
Integrated waste Managing solid waste from the point of consumer disposal

management through collection, sorting, reuse and recycling.
Lean A manufacturing strategy that aims to minimize all waste (i.e.
manufacturing time, money, resources) through high quality processes.

Situation in which an established design or manufacturing
Lock-in
process discourages innovation.
Recyclable Materials that can be recycled.

materials
Process of recovery, disassembly, repair and sanitizing
Remanufacturing
components or parts for resale and reuse.

The use of goods and services that address the requirements of
Sustainable
today's population without compromising the needs of future
consumption
generations to meet theirs.
Sustainable Management approach that calls for the the reduction of

materials environmental impacts without compromising economic
management productivity or social equity.
Use of secondary products, components or materials that
Upcycle
results a higher economic value of that material.
Module 3: “Digital Lifestyle entrepreneurship”
Algorithm A process or set of rules to be followed in calculations or other
problem-solving operations, especially by a computer.

Bit-Coin A type of digital currency in which a record of transactions is

Programme: Erasmus+
Key Action: Cooperation for innovation and the exchange of good practices
Action Type: Strategic Partnerships for vocational education and training
Project Number: 2019-1-PL01-KA202-065209
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