base period

(redirected from Reference Periods)
Also found in: Medical, Financial, Encyclopedia.

base period

n
(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

base period

That period of time for which factors were determined for use in current planning and programming.
References in periodicals archive ?
The survey is conducted four times a year, covering changes in credit terms and conditions over the three-month reference periods ending in February, May, August and November.
Hardship cases ( foot-and- mouth is again having an impact by requiring farmers to either change their reference periods or apply for hardship cases.
The first step is to ensure that the unique circumstances of independent lumber remanufacturers are recognized and accommodated in any out of court settlement, including on sector-specific issues relating to market share, reference periods, duty refunds and more.
Hence, the reference periods are from June 1983 to September 1983 for the first rotation group through September 1983 to December 1983 for the fourth rotation group.
Dole has followed the many attempts to agree on a license allocation system based on historic reference periods and believes that there is no practical and legal way to reach an agreement on such a system.

Full browser ?