| A | B |
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| Circular Economy | This is an economic system aimed at eliminating waste and the continual use of resources. It follows a regenerative approach by design and tries to decouple growth from the consumption of finite resources. |
| Circular Business Models | These are business models that are designed to promote the goals of the circular economy. They are based on principles such as the reuse |
| Product Life Extension | This involves the implementation of various strategies to extend the useful life of products and materials |
| Product as a Service | This business model provides products as a service rather than selling them. Customers pay for the service the product provides rather than the product itself |
| Circular Supply Chains | These are supply chains that are designed to be as circular as possible |
| Closed-Loop System | This refers to a system where waste is fed back into the production process |
| Resource Recovery | This is the practice of extracting valuable resources from waste streams. This can include recycling |
| Lifecycle Assessment | This is a methodology for assessing the environmental impacts associated with all the stages of a product's life from raw material extraction (cradle) through materials processing |
| Design for the Environment | This involves creating products that are environmentally friendly throughout their life cycles |
| Sharing Economy | This is an economic model often defined as a peer-to-peer (P2P) based activity of acquiring |
| Remanufacturing | This is the process of disassembling |
| Upcycling and Downcycling | Upcycling involves reusing waste without destroying it in order to form a new |
| Extended Producer Responsibility | This is a policy approach under which producers are given significant responsibility for the treatment or disposal of post-consumer products |
