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Algorithm and Increment

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

  • A process of becoming larger or longer or more numerous or more important.
    • usage: "the increase in unemployment"; "the growth of population"
  • The amount by which something increases.
    • usage: "they proposed an increase of 15 percent in the fare"