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circular economy

Defined in 2 places of the United States Code.

The term “circular economy” has the meaning given such term in section 4201 of this title.

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The term "circular economy" means an economy that uses a systems-focused approach and involves industrial processes and economic activities that—

(A) are restorative or regenerative by design;

(B) enable resources used in such processes and activities to maintain their highest values for as long as possible; and

(C) aim for the elimination of waste through the superior design of materials, products, and systems (including business models).

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