Error Rate

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.

Other Words for Error

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
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Other Words for Rate

Rate Noun Synonyms: rank, grade, class, classify, evaluate, estimate, calculate, compute, count, reckon, judge, gauge, assess, appraise, measure
Rate Verb Synonyms: measure, pace, gait, speed, velocity, clip
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Periodic Rate

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

Personal Inflation Rate

Business / Finance / Personal Inflation Rate: The inflation rate as it affects a specific individual. MORE

Periodic Interest Rate

Business / Taxes / Periodic Interest Rate: The periodic interest rate, sometimes called the nominal rate, is the interest rate a lender charges on the amount you borrow. Lenders are also required to tell you what a loan will actually cost per MORE

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