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| Indexed loan
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A long-term loan in which the term, payment, interest rate or principal amount may be adjusted periodically according to a specific index, which is usually stated in the loan agreement. |
| Indicating gauge
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This precision gauge, which is also called an dial indicator, consists of a plunger that has gear teeth cut along parts of its length to engage a gear on the indicator needle to provide a visual indication of even very slight variations in the grade of a surface. The gauge, which has a needle that passes around the precise dial, which shows gradations as small as one ten-thousandth of an inch, is tightly clamped to a rigid surface, then the plunger is adjusted to connect with the work which is to be measured. This work is then moved past the plunger, which provides readings of the variations in the surface. When precision measurements, such as centering a piece of work in an independent chuck on a lathe, this gauge is valuable. |
| Indicator
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Any device, a gauge, register, pointer or dial that measures or records and visibly indicates. |
| Indigenous
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Plant species that are native to that region. These plants are believed to be growing in the wild at least for the span of human history. |
| Indirect costs
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Costs not directly associated with the structure itself but have been incurred during the construction period. Also, referred to as soft costs. |
| Indirect lighting
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Lighting that has a large portion of emitted light directed upward, often off of a ceiling, before shining on an area or object. It reduces glare in the area being lighted and creates fewer shadows. |
| Indirect overhead
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Costs that are not related specifically to one particular job but are a general cost of doing business. |
| Indirect solar gain system
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A passive solar heating system in which the sun warms a heat storage element, and the heat is distributed to the interior space by convection, conduction, and radiation. |
| Indirect sunlight
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Diffused light, as opposed to the direct rays of the sun, such as that on the north side of a house or in the shade of thick woods. |
| Indirect wastes
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waste pipe used to convey gray water by discharging it into a plumbing fixture such as a floor drain. |
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