quantification
/ˌkwɑn tɪ fə ˈkeɪ ʃən/
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Definition(s):
- (n) a limitation imposed on the variables of a proposition (as by the quantifiers `some' or `all' or `no')
- (n) the act of discovering or expressing the quantity of something
Usage(s):
- Over the past two decades, wall street and the rest of the financial ecosystem became obsessed with the quantification of risk.
- The new novel, his third, explores the equally valuable IRAT, or Index of Irrational Expectations, a quantification of the collective wrongheadedness of the stock market.
- They want a quantification of their achievement.
Quotes
- "Many countries have seized the opportunity and realized substantial benefits from a strategy of friendship and engagement with China," said Emerson, who wrote the foreword to the study. "This excellent study provides important quantification...on Feb 19, 2009 By: David Emerson Source: MSNBC
- In June last year, Sir Michael wrote to Equalities Minister Harriet Harman saying that her use of statistics "may undermine public trust in official statistics" and "risks giving a misleading quantification of the gender pay gap".on Feb 4, 2010 By: Harriet Harman Source: BBC News (blog)
- Speaking on the BBC's Good Morning Scotland programme, Falkirk West MSP Dennis Canavan said: "Earlier this month the company put up a notice asking for voluntary redundancies. There was no quantification of the redundancies and when I made enquiries...on Apr 1, 2004 By: Dennis Canavan Source: BBC News
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