master data management

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master data management

The administration of the non-transactional data in an organization, such as customers, vendors, employees and products. Such data is contained in "master files," although the term master file has been mostly replaced with the term "database." Master data management is similar to data governance with the focus on the permanent data in an organization rather than transactions. See data governance and master file.
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References in classic literature ?
Its points discussed, the soldier broke into a new topic with, "My next's going to be an aeroplane, so far as I can see.
Arnold was too deeply interested in the new topic to take any notice of it.
I suppose, now," said Miss Ingram, curling her lip sarcastically, "we shall have an abstract of the memoirs of all the governesses extant: in order to avert such a visitation, I again move the introduction of a new topic.
For a little knot of smokers and solemn gossips, who had seldom any new topics of discussion, this was a perfect Godsend.
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Summary: Welcome to the latest edition of Readerspeak with a brand new topic for discussion to which our website readers, print loyalists and our Facebook community can contribute.