correction

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correction

Science a number or quantity added to or subtracted from a scientific or mathematical calculation or observation to increase its accuracy

Correction

(religion, spiritualism, and occult)

In astrology, correction refers to the translation of one’s birth time into sidereal time.

Correction

 

the rectification of typographical errors in a proof. In hand or Monotype composition, correction involves replacement of erroneous characters or lines; in Linotype, incorrect lines are replaced with corrected lines. Large-scale correction leads to repaging—that is, repositioning of the composed matter or other elements from one column to another. In photocomposition, correction involves the removal of incorrect lines from the positive or negative and their replacement with correct lines or replacement of the entire positive or negative.

correction

[kə′rek·shən]
(science and technology)
A quantity added to a calculated or observed value to obtain the true value.
References in periodicals archive ?
Are mortgage and real estate companies prepared for a market correction after years of record profits?
However, the weight of evidence suggests that a market correction, led by overly optimistic earnings assumptions, as well as tightening Federal Reserve monetary policy, awaits investors in 1994.
A comparison of the performance in Manhattan's technology, financial and legal sectors reveals the role technology is likely to play in upcoming years -- the stock market correction of 2000 notwithstanding.
What you saw was a classic bull market correction after an extended run-up in which the news couldn't get any better,'' Charles Pradilla, an analyst at Cowen & Co.
While Seattle doesn't suffer from the same symptoms as other cities experiencing a market correction, it certainly can benefit from the remedy.
The "dot coms" will be the first casualty of a market correction.
Fred Reiner, an executive from Granada Hills, had been expecting a market correction but still was startled when it happened.
This is a normal pattern during a market correction, but home prices should return to positive territory within a few months and annual appreciation will be slower than historic norms," Lereah said.
The stock market correction earlier this year has prompted many to question how long the: residential real estate bull market will run before it too endures a reversal.
For instance, more than a third of pre-retirees (35 percent) and forty percent of retirees report that they are investing more conservatively as a result of the market correction of 2000.
Though it could be argued that the New Jersey office market has certainly come back with a vengeance since the real estate decline of the late 1980's and early 1990's, the activity of the current revived market is ideal since leasing has increased, but not at such a frenetic rate as to drive rents skyward, which could lead to a sharp market correction.
Endeavour went through the commodities market correction in May and June with a cash position of more than 30 percent, like U.