Technology / Computers / Error Rate: In many cases, it may be acceptable if an input device generates a certain number of errors. This is often referred to as the error rate and the acceptable level will vary according to the input device being used and the business application. Optical character recognition, for example, is generally considered a comparatively unreliable means of entering data. At present, a typical OCR software package will have an error rate of between five and ten per cent.
Error Adjective Synonyms: mistake, inaccuracy, fault, flaw, blunder, slip, gaffe, misprint, typographical error, erratum, solecism, literal, slip-up, goof, clanger, fluff, boo-boo, howler, bloomer, foul-up, boner, boob
Rate Verb Synonyms: measure, pace, gait, speed, velocity, clip
Rate Noun Synonyms: rank, grade, class, classify, evaluate, estimate, calculate, compute, count, reckon, judge, gauge, assess, appraise, measure
Business / Finance / Periodic Rate: The monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month. MORE
Business / Finance / Personal Inflation Rate: The inflation rate as it affects a specific individual. MORE