Byte and Error

noun

• A sequence of 8 bits (enough to represent one character of alphanumeric data) processed as a single unit of information. .

noun

• A wrong action attributable to bad judgment or ignorance or inattention.
  • usage: "he made a bad mistake"; "she was quick to point out my errors"; "I could understand his English in spite of his grammatical faults"
  • synonyms: mistake, fault
• Inadvertent incorrectness.
  • synonyms: erroneousness
• A misconception resulting from incorrect information.
  • synonyms: erroneous belief
• Baseball) a failure of a defensive player to make an out when normal play would have sufficed.
  • synonyms: misplay
• Departure from what is ethically acceptable.
  • synonyms: wrongdoing
• Computer science. ( the occurrence of an incorrect result produced by a computer)
  • synonyms: computer error
• Part of a statement that is not correct.
  • usage: "the book was full of errors"
  • synonyms: mistake

• (n.) A fault of a player of the side in the field which results in failure to put out a player on the other side or gives him an unearned base.
• (n.) The difference between the observed value of a quantity and that which is taken or computed to be the true value; -- sometimes called residual error.
• (n.) A wandering or deviation from the right course or standard; irregularity; mistake; inaccuracy; something made wrong or left wrong; as, an error in writing or in printing; a clerical error.
• (n.) A wandering; a roving or irregular course.
• (n.) A mistake in the proceedings of a court of record in matters of law or of fact.
• (n.) A departing or deviation from the truth; falsity; false notion; wrong opinion; mistake; misapprehension.
• (n.) A moral offense; violation of duty; a sin or transgression; iniquity; fault.
• (n.) The difference between an observed value and the true value of a quantity.
• (n.) The difference between the approximate result and the true result; -- used particularly in the rule of double position.

Error is a mistake in terms of quantity, type of order, side of market (purchase or sale), security, or other condition of a trade.