Choose Index below for a list of all words and phrases defined in this glossary.


index | Index

Value - definition(s)

Value - (1) Relative worth, utility, or importance. (2) An abstraction with a single attribute or characteristic that can be compared with other values, and may be represented by an encoding of the value. 

[Category=Data Quality ]

Source: Larry English, External, 14-Feb-2009 11:28

These advertisers support this free service

Value - The computer representation of a fact about an entity.

[Category=Database Management ]

Source: Northwest Database Services, 15 November 2009 12:11:54, External

Values - The fundamental beliefs that drive organizational behavior and decision making.

[Category=Quality ]

Source: American Society for Quality, 29 October 2010 09:30:51, External

Value - Value=Function/cost

Value is the exchange for which customer pays.

Value can also equate to Quality_ over Cost, ie the higher the Quality_ the lower should be the cost in the real context.It can also construed being tha higher the Quality_ is the higher the cost of implementing it, but this is not the kind we talk about.No doubt that some times it takes higher cost to improve Quality_ but in the long term cost like hidden, opportunity cost will be reduced perpertually.

[Category=Data Quality ]

Source: iSixSigma, 03 March 2011 09:02:49, External

Value - According to ISO 9004, your values are the general principles and beliefs that are important to your organization.

[Category=Quality ]

Source: Praxium Research Group Ltd, 14 March 2011 08:24:15, External


(1) [mathematics] A measurable quantity that may be passed to a function. Values are either assigned or determined by calculation.

(2) [graphics (computing)] The lightness or darkness of a color.

(3) [physics] The brightness of a color or how much light it reflects; for instance, blue, light blue, dark blue.

[Category=Geospatial ]

Source: esri, 25 September 2012 08:30:09, External 

Value – all that available data will create a lot of value for organizations, societies and consumers. Big data means big business and every industry will reap the benefits from big data.

[Category=Big Data ]

Source: BigData-Startup, 13 October 2013 09:25:58, External  


Data Quality Glossary.  A free resource from GRC Data Intelligence. For comments, questions or feedback: