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Code and Correction

noun

  • A set of rules or principles or laws (especially written ones.
  • A coding system used for transmitting messages requiring brevity or secrecy.
  • Computer science. ( the symbolic arrangement of data or instructions in a computer program or the set of such instructions)

verb

  • Attach a code to.
    • usage: "Code the pieces with numbers so that you can identify them later"
  • Convert ordinary language into code.
    • usage: "We should encode the message for security reasons"

noun

  • The act of offering an improvement to replace a mistake; setting right.
  • A quantity that is added or subtracted in order to increase the accuracy of a scientific measure.
  • Something substituted for an error.
  • A rebuke for making a mistake.
  • A drop in stock market activity or stock prices following a period of increases.
    • usage: "market runups are invariably followed by a correction"
  • The act of punishing.
    • usage: "the offenders deserved the harsh discipline they received"
  • Treatment of a specific defect.
    • usage: "the correction of his vision with eye glasses"

Correction is a correction is a drop usually a sudden and substantial one of 10% or more in the price of an individual stock, bond, commodity, index, or the market as a whole. Market analysts anticipate market corrections when security prices are high in relation to company earnings and other indicators of economic health. When a market correction is greater than 10% and the prices do not begin to recover promptly, some analysts point to the correction as the beginning of a bear market.