correction

Definitions

General English

noun an action that makes something correct
noun the process of correcting something

General Science

noun the adjustment or changing of something to make it correct

Aviation

noun an adjustment or change made to something to make it correct
noun the use of a mathematical formula for adjusting a known inaccuracy of calculation
noun an alteration on, e.g. a test answer, which provides the right answer in place of the wrong answer given

Banking

noun an act of making something correct
noun a change in the valuation of something that is thought to be overvalued or undervalued which results in its being more realistically valued

Electronics

An amount that is factored into a calculation or measurement in order to obtain a more accurate result, or the true value. May be used, for example, to compensate for the readings of an instrument.

Forex

A partial retracement of a market trend, often with no readily apparent reason. Typically, this happens in a bull market when buyers become exhausted. Prices tend to fall back to a known support level where they will usually consolidate before a resumption of the bullish trend. Forex traders need to identify this event when it happens with a currency pair (such as the Japanese yen and the U.S. dollar) and respond accordingly.

Military

noun a calculation made by a forward observer and sent to an artillery or mortar unit in order to bring fire onto a target
noun the process of directing artillery or mortar fire onto a target

Publishing

noun a change which makes something correct

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13 definitions in context

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