Validation

Business / Human Resources (HR) / Validation: The study of an employer's test or selection standards that proves that they are significant predictors of successful job performance (those who score high turn out to be successful on a job and those who score low turn out to be unsuccessful). The study requires a large sample of applicants and must include representatives of groups--such as minorities and women--who may be suffering adversely from such standards.

Predictive Validity

Business / Human Resources (HR) / Predictive Validity: Used in the test validation process to measure the relationship between test scores and actual job performance. MORE

Authentication

Technology / Cell Phones / Authentication: The verification process to assure that a wireless device and its user are compatible with and authorized to access a wireless network. This process is accomplished through transmission of identifying MORE

Clearing House Automated Payments System (CHAPS)

Business / Finance / Clearing House Automated Payments System (CHAPS): Organizations that are affiliated with exchanges and are used to complete securities transactions by taking care of validation, delivery, and settlement. MORE

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