Definition, Meaning & Synonyms
accepted-value
noun
/əkˈsɛptəd ˈvæljuː/
Definition
The accepted-value is a term used to describe a value that is generally agreed upon or recognized as correct within a particular context or field.
Examples
- The accepted-value of this measurement is 5.0 grams.
- According to the accepted-value in physics, the speed of light is 299,792,458 meters per second.
- In finance, the accepted-value for this asset has increased over the years.
Meaning
In various disciplines, such as statistics, science, and finance, an accepted-value serves as a benchmark or standard against which other values can be compared.
Synonyms
- Established value
- Standard value
- Recognized value
