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Comparability

 
Accounting Dictionary: Comparability

Ability to rank companies so as to facilitate financial decisions. Comparability is aided when companies employ similar accounting procedures, measurement concepts, classifications, basic financial statement formats, and methods of disclosure. See also Uniformity.

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WordNet: comparability
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Note: click on a word meaning below to see its connections and related words.

The noun has one meaning:

Meaning #1: qualities that are comparable
  Synonyms: comparison, compare, equivalence


Wikipedia: Comparability
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In mathematics, two elements x and y of a set partially ordered by a relation ≤ are said to be comparable if and only if xy or yx, or in terms of the strict version of the partial order, if and only if x < y or y < x or y = x.[1] For example, two sets are comparable with respect to inclusion if and only if one is a subset of the other.

In a classification of mathematical objects such as topological spaces, two criteria are said to be comparable when the objects that obey one criterion constitute a subset (or subclass) of the objects that obey the other one (so the T1 and T2 axioms are comparable, while the T1 axiom and the sobriety axiom are not).

See also comparison.


 
 

 

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Accounting Dictionary. Dictionary of Accounting Terms. Copyright © 2005 by Barron's Educational Series, Inc. All rights reserved.  Read more
WordNet. WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Comparability" Read more