quantification  /ˌkwɑn tɪ fə ˈkeɪ ʃən/ ? Meaning of "quantification"

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Definition(s):

  1. (n) a limitation imposed on the variables of a proposition (as by the quantifiers `some' or `all' or `no')
  2. (n) the act of discovering or expressing the quantity of something

Usage(s):

  1. Over the past two decades, wall street and the rest of the financial ecosystem became obsessed with the quantification of risk.
  2. 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.
  3. They want a quantification of their achievement.

Quotes

  1. "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

  2. 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)

  3. 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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