# Algorithm

- A set of rules for accomplishing a task in a certain number of steps. One common example is a recipe, which is an algorithm for preparing a meal. Algorithms are essential for computers to process information. As such, they have become central to our daily lives, whether ordering a book online, making an airline reservation or using a search engine.

Algorithms are now used throughout the financial world in areas like loan pricing, stock trading and asset-liability management. For example, algorithmic trading, known as "algo," is used for deciding the timing, pricing and quantity of stock orders.

*Investment dictionary.
Academic.
2012.*

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**algorithm**— UK US /ˈælgərɪðəm/ noun [C] IT ► a set of mathematical instructions that must be followed in a fixed order, and that, especially if given to a computer, will help to calculate an answer to a mathematical problem: a computer/mathematical/search… … Financial and business terms**algorithm**— n. a precise rule (or set of rules) specifying how to solve some problem; a set of procedures guaranteed to find the solution to a problem. Syn: algorithmic rule, algorithmic program [WordNet 1.5 +PJC] … The Collaborative International Dictionary of English**algorithm**— [al′gə rith΄əm] n. [altered (after ARITHMETIC) < ALGORISM] 1. Math. a) any systematic method of solving a certain kind of problem b) the repetitive calculations used in finding the greatest common divisor of two numbers: called in full… … English World dictionary**Algorithm**— [engl.], Algorithmus. … Universal-Lexikon**algorithm**— (n.) 1690s, from Fr. algorithme, refashioned (under mistaken connection with Gk. arithmos number ) from O.Fr. algorisme the Arabic numeral system (13c.), from M.L. algorismus, a mangled transliteration of Arabic al Khwarizmi native of Khwarazm,… … Etymology dictionary**algorithm**— ► NOUN ▪ a process or set of rules used in calculations or other problem solving operations. DERIVATIVES algorithmic adjective. ORIGIN Latin algorismus, from an Arabic word meaning the man of Kw rizm , referring to a 9th century mathematician … English terms dictionary**Algorithm**— Flow chart of an algorithm (Euclid s algorithm) for calculating the greatest common divisor (g.c.d.) of two numbers a and b in locations named A and B. The algorithm proceeds by successive subtractions in two loops: IF the test B ≤ A yields yes… … Wikipedia**algorithm**— algorithmic, adj. /al geuh ridh euhm/, n. a set of rules for solving a problem in a finite number of steps, as for finding the greatest common divisor. [1890 95; var. of ALGORISM, by assoc. with Gk arithmós number. See ARITHMETIC] * * * Procedure … Universalium**algorithm**— A systematic process consisting of an ordered sequence of steps, each step depending on the outcome of the previous one. In clinical medicine, a step by step protocol for management of a health care problem … Medical dictionary**algorithm**— n. a sequential set of instructions used in calculations or problem solving. A reconstruction algorithm is a complex mathematical formula used by a computer to construct images from the data acquired by CT, MRI, or other scanners. A diagnostic… … The new mediacal dictionary**algorithm**— noun /ˈælɡəɹɪðm/ A precise step by step plan for a computational procedure that begins with an input value and yields an output value in a finite number of steps. Informally, an algorithm is any well defined computational procedure that takes… … Wiktionary