Definition of Uncertainty

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TeachMeFinance.com - explain Uncertainty



Uncertainty

The term 'Uncertainty' as it applies to the area of reclamation can be defined as ' Describes situations where potential outcomes cannot be estimated based on historical events'.

Previous 5 Terms:
Unaccounted for (crude oil)
Unaccounted for (natural gas)
Unassigned Claim
Unbundling
Unbundling (functional unbundling)
Next 5 Terms:
Uncertainty factor
Uncertainty range
uncial
unciform
Unclassified excavation




About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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