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lower bound

   Also found in: Acronyms, Wikipedia, Hutchinson 0.06 sec.
low·er bound  (lr)
n.
A number less than or equal to any number in a set.
lower bound
A number that is less than or equal to every number in a given set.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.lower bound - (mathematics) a number equal to or less than any other number in a given set
math, mathematics, maths - a science (or group of related sciences) dealing with the logic of quantity and shape and arrangement
bound, boundary, edge - a line determining the limits of an area
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First, the Fed should not treat the lower bound of its inflation reference range of 1 to 2 percent more rigidly than they treat the upper bound.
Three ideas for the Fed: seeking new ways to measure inflation by Sumerlin, Marc / The International Economy
BMDS also provided a 95% lower bound that can be divided by a standard uncertainty factor to calculate a reference dose or generate a margin of exposure.
Perinatal exposure to low levels of the environmental antiandrogen ... by Markowski, Vincent P. / Environmental Health Perspectives
The IRS safe harbor position is that the taxpayer should claim the least advantageous lower bound rather than the conventional point estimate.
Statistical sampling in tax filings: new confirmation from the IRS by Batcher, Mary / Tax Executive
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