business rule


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business rule

A directive, policy or procedure within an organization. Business rules may also come from outside sources such as government regulations and membership association guidelines. See BRE and SME.
References in periodicals archive ?
For example, in a typical insurance underwriting decision, there are business rules that determine the eligibility of the insurance application where there is a common set of eligibility rules and state specific rules, which can override the common rules.
COMPOSITE KEYS are an implementation of business rules within the database.
"The ability to create an abstraction layer of business rules is facilitating improved cost reductions and reduced cycle times."
MORRISTOWN, N.J: Majesco announced congratulations to MMG Insurance on their recognition as one of the top three winners worldwide in the business and operational excellence category for the 2018 Business Rules Excellence Award (BREA).
STRA TEGY 3: Isolate rapidly changing logic with a Business Rule Engine (BRE):
S., (2010), SBVR based Business Contract and Business Rule IDE.
In this study, we have focused mainly on the business rule that specifies the maximum percentage of service requests that are permitted to be abandoned (15%) because they have exceeded the waiting time established.
Rather that dealing with the abstract concepts and terms in a business object model, business experts can interactively capture business rules by using the SMARTS' RedPen to annotate fields in a specific use case that pertain to the business decision.
* Provide an independent solution that seamlessly integrates with existing infrastructure, business rule engines and business process solutions.
The chorus of the classic 1970s rock song "Signs," by the Five Man Electrical Band, lamented "signs, signs, everywhere signs, blocking out the scenery, breaking my mind." Perhaps if this song were written today by some musically inclined insurance IT professional, the words would have been "business rules, rules, everywhere rules, buried in minds, drawers, and system tools."
ILOG has consistently built on its history of product innovation to make it one of the industry's leading providers of business rule management system (BRMS).