correction Hear it!

correction Definition

cor·rec·tion (kə rek′s̸hən)

noun

  1. a correcting or being corrected
  2. a change that corrects a mistake; change from wrong to right, or from abnormal to normal; emendation; rectification
  3. the amount of change made in correcting
    1. punishment or scolding to correct faults
    2. punishment and rehabilitation within a prison system
  5. Finance a brief, temporary reversal in the trend of prices in a financial market, esp. a short-term decline following, or in the midst of, a long-term rise in prices

Etymology: ME correccion < OFr correction < L correctio

correction Related Forms

cor·rec′·tional (-əl) adjective

correction Synonyms

correction

n.

  1. The act of correcting

    revision, revising, improvement, amendment, rectification, remodeling, editing, righting, redress, indemnification, reparation, amelioration, mending, fixing, amending, emendation, changing, reconstruction, reorganization; see also repairing, revision.

  2. The result of correcting

    improvement, revision, emendation, corrigenda; see change 2, improvement 2, repair.

correction Finance Definition

The movement of a stock or market to lower levels (often 10 percent or more) after the market or stock has been at unrealistically high levels. Gains from the too-high period are erased. Although a market may correct, it doesn’t necessarily mean that the long-term upward trend is broken. While the term is usually applied to falling markets, it is possible to have an upward correction that breaks a downward trend. In technical analysis, a correction is a short-term movement, either up or down, that is contrary to the dominant price trend.

However, correction often is used in a more generic sense to refer to a market that has fallen, regardless of the principles of technical analysis.

correction Usage Examples

Preposition: of

  • deformity: Proximal metatarsal osteotomy will give a good correction of the deformity combined with a distal soft tissue correction.
  • error: Recommendation 2 is to allow correction of errors that do not require further research.
  • irregularity: Result: Date of partial surrenders determined New date for filing of TM8 set, as a correction of an irregularity.

Preposition: for

vignetting: A correction for the differential vignetting was not applied to the HR value because this was generally small compared to the statistical error.

Adjective modifier

  • radiative: The decays of tau's including radiative corrections are simulated by the dedicated package TAUOLA.
  • refractive: With refractive correction nearly 91 % of the patients had vision equal to or better than 6/18.
  • minor: The Assembly approved the minutes subject to minor corrections.
  • typographical: Proofs are supplied for checking and making essential typographical corrections, not for general revision or alteration.
  • spherical: The spherical aberration correction is in this region too.
  • radiometric: Radiometric corrections may be necessary due to variations in scene illumination and viewing geometry, atmospheric conditions, and sensor noise and response.

Modifies a noun

  • capacitor: Here are screenshots of such a power factor correction capacitors.
  • collar: Therefore, the need for a correction collar on a water immersion lens arises at the somewhat higher NA of around 0.9.
  • factor: In such cases, the approach to adopt is to calculate a long term mean correction factor using data from analyzes of spiked samples.
  • fluid: All the untidy or tatty CVs, the ones with poor hand writing, crossings out or correction fluid will probably be thrown out.

Noun used with modifier

  • gamma: Even adding gamma correction to the foreground image isn't too much trouble.
  • keystone: To apply keystone correction to get a rectangular image use the " menu " button.
  • ionospheric: Dual frequency operation enables the user to implement a measured ionospheric correction.
  • error: Each modem which has error correction will have a specific AT command to set up hardware flow control.
  • red-eye: Photo effects for black and white, sepia and tinted, color sliders for RGB balance red-eye correction tool for automatic and user-guided operation.
  • diopter: In addition, there is no diopter correction to help focus the image for those of us with less than perfect vision.