Batch Processing

AAA

DEFINITION of 'Batch Processing'

Processing transactions in a group or batch. No user interaction is required once batch processing is underway. This differentiates batch processing from transaction processing, which involves processing transactions one at a time and requires user interaction. While batch processing can be carried out at any time, it is particularly suited to end-of-cycle processing, such as for processing a bank's reports at the end of a day, or generating monthly or bi-weekly payrolls.

INVESTOPEDIA EXPLAINS 'Batch Processing'

For example, monthly bills for utilities and other services received by consumers are typically generated by batch processing. Batch processing has a number of benefits, such as enabling the sharing of computer resources and facilitating better use of these resources.

RELATED TERMS
  1. Post-Trade Processing

    After a trade is complete, it goes through post-trade processing, ...
  2. Back Office

    Administration and support personnel in a financial services ...
  3. Batch Trading

    An accumulation of orders that are executed simultaneously. Batch ...
  4. Straight Through Processing - STP

    An initiative used by companies in the financial world to optimize ...
  5. Batch Header Record

    A standard record of information regarding the transfer of a ...
  6. Expanded Accounting Equation

    The expanded accounting equation is derived from the accounting ...
Related Articles
  1. Top 4 Financial Jobs You Can Do From ...
    Entrepreneurship

    Top 4 Financial Jobs You Can Do From ...

  2. Should computer software be classified ...
    Professionals

    Should computer software be classified ...

  3. The Power Of Program Trades
    Active Trading Fundamentals

    The Power Of Program Trades

  4. From Beads To Binary: The History Of ...
    Fundamental Analysis

    From Beads To Binary: The History Of ...

comments powered by Disqus
Hot Definitions
  1. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  2. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  3. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  4. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  5. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
  6. Limit-On-Open Order - LOO

    A type of limit order to buy or sell shares at the market open if the market price meets the limit condition. This type of ...
Trading Center