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infrastructure |
Also found in: Financial, Wikipedia, Hutchinson | 0.02 sec. |
infrastructure(1) The fundamental structure of a system or organization. The basic, fundamental architecture of any system (electronic, mechanical, social, political, etc.) determines how it functions and how flexible it is to meet future requirements. infrastructure the stock of fixed capital equipment in a country, including factories, roads, schools, etc., considered as a determinant of economic growth
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| NYSE: MWA), a manufacturer of water infrastructure and flow control products, stands to increase its revenues by taking advantage of the nation's new infrastructure needs and repairs to the aging water infrastructure. Residents of Los Angeles recently got two lessons in how both the water infrastructure and the service of the Los Angeles Department of Water and Power are breaking down. In October, Walter announced a plan to undertake an initial public stock offering and spin-off the Water Products business to unlock shareholder value by creating a "pure play" water infrastructure company. |
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