RECALCULATION Meaning and
Definition
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Recalculation is a term that refers to the act or process of recalculating or reevaluating numerical data or information. It involves revising or reassessing the results or outcome of a calculation or mathematical operation. Recalculation can be done manually by an individual or automatically by a computer program using algorithms or formulas.
In the context of business or finance, recalculation often occurs when there is a need to update or modify previously computed values due to changes in variables, assumptions, or circumstances. This can involve adjustments to financial statements, budgets, forecasts, or other financial analyses. For example, if there are changes in tax rates, interest rates, or economic conditions, it may be necessary to recalculate the projected profits, costs, or cash flows of a company or investment.
Recalculation can also be relevant in scientific research, engineering, or any field that involves complex mathematical calculations or modeling. In these contexts, recalculating data may be necessary to ensure accuracy, validate findings, or incorporate new information or variables.
Overall, recalculation is a crucial process in various domains to ensure that numerical results remain up-to-date, reliable, and relevant. It allows for adjustments and modifications to be made as new information becomes available or when changes in circumstances require a reassessment of previous calculations.
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* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for RECALCULATION
Etymology of RECALCULATION
The word "recalculation" has its origins in the Latin language. It is derived from the Latin verb "recalculare", which combines the prefix "re-" (meaning "again" or "back") and the verb "calculare" (meaning "to calculate"). In essence, "recalculation" refers to the act of performing a new or updated calculation, often implying a revision or adjustment of previously determined values or results.
Similar spelling words for RECALCULATION
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