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base period
(redirected from Reference Periods)

   Also found in: Financial, Encyclopedia 0.01 sec.
base period
n
(Mathematics & Measurements / Statistics) Statistics a neutral period used as a standard for comparison in constructing an index to express a variable factor: 100 is usually taken as the index number for the variable in the base period

That period of time for which factors were determined for use in current planning and programming.


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