base period — noun Etymology: base (III) : a period of business or economic activity used as a basis or reference point especially for indexing, calculating, estimating, or adjudicating prices, taxes, compensation, income, and production * * * a period … Useful english dictionary
Base period — The period of time for which data used as the base of an index number, or other ratio, have been collected. This period is frequently one of a year but it may be as short as one day or as long as the average of a group of years. The length of… … Energy terms
Base Period — A particular time period for which data is gathered and used as a benchmark against which economic data from other periods is measured. Also referred to as reference period. Think of this as a yardstick for economic data. For example, if a price… … Investment dictionary
base period — a period of time used as a standard of comparison in measuring changes in prices, taxes, income, etc., at other periods of time. * * * … Universalium
base period — That period of time for which factors were determined for use in current planning and programming … Military dictionary
base period — A particular period of time used for comparative purposes when measuring economic data. Bloomberg Financial Dictionary … Financial and business terms
base period — 1. A period of time that serves as a framework or starting point for financial or operational analysis. 2. A specific date from which an index is calculated. Comparisons of *inflation rates and the *market values of *securi ties are often… … Auditor's dictionary
time — [tīm] n. [ME < OE tima, prob. < IE * dī men < base * dā(i) , to part, divide up > TIDE1] I duration; continuance 1. indefinite, unlimited duration in which things are considered as happening in the past, present, or future; every… … English World dictionary
base rate — Also known as the repo rate. The rate set by the Bank of England which determines how much other banks and building societies pay for loans they take out from the Bank of England. The base rate in turn affects the minimum rate at which banks are… … Law dictionary
period — [pir′ē əd] n. [ME paryode < MFr periode < L periodus < Gr periodos, a going around, cycle < peri , around + hodos, way < IE base * sed , to go > Sans ā sad , go toward] 1. the interval between recurrent astronomical events, as… … English World dictionary