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Algorithm and Cipher

noun

Algorithm is a complex mathematical model. In credit scoring, it is used to compare data in millions of credit reports and predict a person's likelihood to repay debts.

noun

verb

(DoD) Any cryptographic system in which arbitrary symbols (or groups of symbols) represent units of plain text of regular length, usually single letters; units of plain text are rearranged; or both, in accordance with certain predetermined rules. See also cryptosystem.