An example of a learning curve is the amount of effort needed to learn to play a new musical instrument.
- the time required to learn certain information, acquire certain skills, etc.
- the rate of progress in such learning represented on or as if represented on a graph
- A graph that depicts rate of learning, especially a graph of progress in the mastery of a skill against the time required for such mastery.
- The rate at which something can be learned or the degree of difficulty in learning something: a product with a difficult learning curve.
learning curve - Investment & Finance Definition
In economic terms, the anticipated improvements that are likely following early mistakes. Companies refer to mastering learning curves following troubled product introductions, difficult entries into new markets, or even to refer to improvements that a company has made in consolidating the acquisition of subsequent companies.