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Legal Definitions - viable
Definition of viable
Viable describes something that is capable of succeeding, surviving, or operating effectively on its own. It can refer to the biological capacity for life or the practical ability of a plan, project, or legal action to stand independently and achieve its intended outcome.
Example 1 (Biological Survival): When a baby is born significantly prematurely, medical professionals carefully assess if the infant is viable. This means they determine if the baby's organs are developed enough for it to survive outside the mother's womb, even with intensive medical support, indicating its capacity for independent life.
Example 2 (Business Sustainability): A group of investors reviews a startup company's business plan to decide if the proposed venture is viable. They are looking to see if the company has a realistic strategy to generate enough revenue, manage its expenses, and operate profitably as an independent entity without constant external funding, ensuring its long-term success.
Example 3 (Project Feasibility): Before approving a major urban development project, a city council will commission studies to determine if the plan is viable. This involves evaluating whether the project has sufficient funding, necessary infrastructure, public support, and a sustainable operational model to function effectively and achieve its goals over time.
Simple Definition
The term "viable" describes something capable of living, especially a fetus that can survive outside the womb. It also refers to something capable of independent existence or having a reasonable chance of success, such as a legal claim with merit.