Big Data

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  1. Flash Crash

    A flash crash is an event in electronic markets wherein the withdrawal of stock orders rapidly amplifies price declines. ...
  2. Kiosk

    A kiosk is a small, temporary, standalone booth used in high foot traffic areas for marketing purposes, usually manned by ...
  3. Basic Balance

    Basic balance is an economic measure for the balance of payments that combines the current account and capital account balances.
  4. Product Family

    A product family is a group of related goods manufactured by a single company.
  5. Average Cost Pricing Rule

    The average cost pricing rule is imposed on certain businesses to limit what they can charge consumers to costs required ...
  6. Mature Firm

    A mature firm is a company that is well-established in its industry, with a well-known product and loyal customer following ...
  7. Consumer Price Index For All Urban Consumers (CPI-U)

    The Consumer Price Index For All Urban Consumers measures the changes in the price of a basket of goods and services purchased ...
  8. Hierarchy-of-Effects Theory

    The hierarchy-of-effects theory is a model of how advertising influences a consumer's decision to purchase or not purchase ...
  9. Facebook Wants to Build Its Own Chips

    The social network’s recruitment of chip designers indicates that it is keen to follow in the footsteps of Apple and Google. ...
  10. Financialization

    Financialization refers to the increase in size and importance of a country's financial sector relative to its overall economy. ...
  11. Coopetition

    Coopetition happens when companies engage in both competition and cooperation to achieve some sort of mutual benefit.
  12. Mindshare

    Mindshare is a marketing term that describes the amount consumer awareness or popularity surrounding a particular product, ...
  13. Geo-Targeting

    Geo-targeting refers to the ability for advertisers to place their marketing materials in a specific region or locale.
  14. Top 10 Companies Owned by Amazon

    Learn about 10 of the most important companies that Amazon has acquired.
  15. Morgan Stanley Sets Stock Picks for the "Data Era"

    The brokerage firm predicted that a new, one-of-a-kind data-driven technology cycle will drive growth across the sector.
  16. Percentage Change

    Percentage change is a simple mathematical concept that represents the degree of change over time.
  17. Click-Through Rate (CTR)

    Click-through rate (CTR) is the percentage of individuals viewing a web page who click on a specific advertisement that appears ...
  18. Real Value

    Real value is nominal value adjusted for inflation.
  19. Distribution Management

    Distribution management refers to overseeing the movement of goods from supplier or manufacturer to point of sale.
  20. Consumerism

    Consumerism is the theory that a country that consumes goods and services in large quantities will be better off economically. ...
  21. Reddit Stops Accepting Bitcoin

    Reddit was among the first sites to begin accepting bitcoin. Now it has put a stop to the payment method on its site.
  22. Peer-to-Peer (P2P) Economy

    A peer-to-peer economy is a decentralized model whereby two parties interact to buy or sell directly with each other, without ...
  23. Nielsen Corporation

    The Nielsen Corporation is a global provider of market research and analysis of media and viewer interaction.
  24. Social Media Optimization (SMO)

    Social media optimization (SMO) is the use of social media networks to manage and grow an organization’s message and online ...
  25. Macromarketing

    Macromarketing is the study of the effect that marketing policies and strategies have on the economy and society as a whole.
  26. Customer Relationship Management - CRM

    Customer relationship management (CRM) is a term for the principles, practices and guidelines an organization abides by when ...
  27. The Importance of Healthcare Risk Management

    Risk management is especially important in healthcare because human lives might be on the line. Here are some strategies ...
  28. Nvidia Halts Self-Driving Car Tests After Uber Mishap

    While tech giants, traditional auto makers and companies like Nvidia funnel billions into the industry, the fatal Uber accident ...
  29. Microsoft to $1 Trillion in 12 Months: Morgan Stanley

    Bulls see Microsoft's Azure platform doubling in the next three years as the firm beats out competitors in the market expected ...
  30. Social Data

    Social data is information shared publicly by social media users, including their location and biographical data.
  31. Data On-Boarding

    Data on-boarding refers to the process of bringing related offline information into a digital format for the purpose of analysis.
  32. HIPAA Waiver of Authorization

    A HIPAA waiver of authorization is a legal document that allows an individual’s health information to be used or disclosed ...
  33. Cyber Identity

    Cyber identity refers to the personality or personalities that are created through a person’s online interactions.
  34. Descriptive Analytics

    Descriptive analytics refers to the interpretation of historical data to understand changes in a business.
  35. Data-Directed Decision Making

    Data-directed decision making is a term for the implementation of scientifically valid information in making executive decisions. ...
  36. De-Anonymization

    De-anonymization is a reverse data mining technique that re-identifies encrypted information.
  37. Behavioral Analytics

    Behavioral analytics is a sector of data analytics geared toward providing insight into the actions of human beings.
  38. Weak AI

    Weak AI is a machine intelligence that is limited to a particular area.
  39. Strong AI

    Strong AI is a type of machine intelligence that is equivalent to human intelligence.
  40. Machine Learning

    Machine learning is the idea that a computer program can adapt to new data independently of human action.
  41. Personally Identifiable Information (PII)

    Personally Identifiable Information (PII) is information that, when used alone or with other relevant data, can identify ...
  42. Predictive Modeling

    Predictive modeling is the process of using known results to create, process and validate a model that can be used to forecast ...
  43. Data Exhaust

    Data exhaust is the chain of information resulting from a person’s digital activity.
  44. Data Analytics

    Data analytics is the science of drawing insights from raw information sources.
  45. Prescriptive Analytics

    Prescriptive analytics is the use of technology to help businesses engage in smarter problem solving.
  46. General Data Protection Regulation (GDPR)

    The General Data Protection Regulation (GDPR) sets guidelines for the collection and processing of personal data of individuals ...
  47. Enterprise Information Management (EIM)

    Enterprise information management refers to the optimization, storage and processing of data created and used by a large ...
  48. Cloud Storage

    Cloud storage is a way for businesses and consumers to save data securely online so it can be easily shared and accessed ...
  49. Business Intelligence (BI)

    Business intelligence (BI) refers to the procedural and technical infrastructure that collects, stores and analyzes data ...
  50. First Notice of Loss (FNOL)

    The First Notice of Loss (FNOL) is the initial report made to an insurance provider following a loss, theft, or damage of ...
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Hot Definitions
  1. Business Cycle

    The business cycle describes the rise and fall in production output of goods and services in an economy. Business cycles ...
  2. Futures Contract

    An agreement to buy or sell the underlying commodity or asset at a specific price at a future date.
  3. Yield Curve

    A yield curve is a line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but ...
  4. Portfolio

    A portfolio is a grouping of financial assets such as stocks, bonds and cash equivalents, also their mutual, exchange-traded ...
  5. Gross Profit

    Gross profit is the profit a company makes after deducting the costs of making and selling its products, or the costs of ...
  6. Diversification

    Diversification is the strategy of investing in a variety of securities in order to lower the risk involved with putting ...
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