Acceptance Testing

Dictionary Says

Definition of 'Acceptance Testing'

A functional trial performed on a product before it is put on the market or delivered to the purchaser. The acceptance testing process is designed to replicate the anticipated real-life use of the product to ensure that what the consumer or end user receives is fully functional and meets their needs and expectations.
Investopedia Says

Investopedia explains 'Acceptance Testing'

The acceptance testing process acts as a form of quality control to identify problems and defects at a stage where any issues can still be corrected relatively painlessly. The term "acceptance testing" is commonly used in the field of engineering, particularly in reference to software testing or mechanical hardware testing.

Articles Of Interest

  1. Find Investment Quality In The Income Statement

    Use these key attributes to uncover top-level investments.
  2. The Financial Characteristics Of A Successful Company

    There are many factors that contribute to a profitable business. Find out what they are here.
  3. Evaluating A Company's Management

    Financial statements don't tell you everything about a company's health. Investigate the management behind the numbers!
  4. Earnings: Quality Means Everything

    It's quantity that generates all the hype, but there are more meaningful factors that gauge true performance.
  5. Get Tough On Management Puff

    Company managers are often skilled at fooling investors. Be critical and don't believe the hype.
  6. Investing Basics: Flight To Quality

    At times of market stress, investors flee from risky assets to investments the safest ones available.
  7. Putting Management Under The Microscope

    We tell you where to find the telltale signs of corporate misdeeds.
  8. Regression Basics For Business Analysis

    This tool is easy to use and can provide valuable information on financial analysis and forecasting. Find out how.
  9. Breaking Down The Geometric Mean

    Understanding portfolio performance, whether for a self-managed, discretionary portfolio or a non-discretionary portfolio, is vital to determining whether the portfolio strategy is working or ...
  10. Tracking Volatility: How The VIX Is Calculated

    When market volatility spikes or stalls, newspapers, websites, bloggers and television commentators all refer to the VIX®. Formally known as the CBOE Volatility Index, the VIX is a benchmark ...
comments powered by Disqus
Marketplace
Hot Definitions
  1. Racketeering

    Racketeering refers to criminal activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include...
  2. Lawful Money

    Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes, and Treasury bonds. Lawful money stands in contrast to fiat money, to which the government assigns value although it has no intrinsic value of its own and is not backed by reserves.
  3. Fast Market Rule

    A rule in the United Kingdom that permits market makers to trade outside quoted ranges, when an exchange determines that market movements are so sharp that quotes cannot be kept current.
  4. Absorption Rate

    The rate at which available homes are sold in a specific real estate market during a given time period.
  5. Yellow Sheets

    A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds...
  6. Bailment

    The contractual transfer of possession of assets or property for a specific objective.
Trading Center