index number

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index number

n.
A number indicating change in magnitude, as of price, wage, employment, or production shifts, relative to the magnitude at a specified point usually taken as 100.

index number

n
(Statistics) statistics a statistic indicating the relative change occurring in each successive period of time in the price, volume, or value of a commodity or in a general economic variable, such as the price level, national income, or gross output, with reference to a previous base period conventionally given the number 100
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.index number - a number or ratio (a value on a scale of measurement) derived from a series of observed factsindex number - a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of time
fact - a statement or assertion of verified information about something that is the case or has happened; "he supported his argument with an impressive array of facts"
BMI, body mass index - a measure of someone's weight in relation to height; to calculate one's BMI, multiply one's weight in pounds and divide that by the square of one's height in inches; overweight is a BMI greater than 25; obese is a BMI greater than 30
business index - a statistical compilation that provides a context for economic or financial conditions; "this business index is computed relative to the base year of 2005"
leading indicator - one of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future
price index, price level - an index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
short account - the aggregate of short sales on an open market
stock index, stock market index - index based on a statistical compilation of the share prices of a number of representative stocks
References in periodicals archive ?
The base value for determining the minimum pension is 210 manat ($74), the base value for determining state benefits - 200 manat ($70).
This chapter discusses the valuation of perennial crops, the base value approach for valuing raised breeding livestock, the valuation of other non-current assets, such as purchased breeding livestock, machinery and equipment, land, buildings and improvements, and investments, how to allocate the cost of non-current assets over partial periods and with revised estimates, how to account for discarding noncurrent assets, and how to provide additional information in disclosure notes to accompany the financial statements.
The change in value from the previous category is the difference between the per head base value at the beginning of the year and the per head base value of the category that the animals transferred into.