Business / Taxes / Logarithmic Scale: On a logarithmic scale or graph, comparable percentage changes in the value of an investment, index, or average appear to be similar. However, the actual underlying change in value may be significantly different. For example, a stock whose price increases during the year from $25 to $50 a share has the same percentage change as a stock whose price increases from $100 to $200 a share. On a logarithmic scale, it's irrelevant that the dollar value of the second stock is four times the value of the first. Similarly, the percentage change in the Dow Jones Industrial Average (DJIA) as it rose from 1,000 to 2,000 is comparable to the percentage change when it moved from 4,000 to 8,000.
Scale Noun Synonyms: coating, encrustation or incrustation, crust, overlay, layer, cake, caking, tartar, plaque
Scale Adverb Synonyms: flake, imbrication, scurf, dandruff, squama, plate, scute or scutum, lamina, lamella
Business / Finance / Offering Scale: The range of prices offered by the underwriter of a serial bond issue with different maturities. MORE
Entertainment / Music / Pentatonic Scale: Five-note pattern used in some African, Far Eastern and Native American musics: can also be found in Western music as an example of exoticism. MORE