Business, Legal & Accounting Glossary
Facts provided or learned about something or someone.
Data that is:
Information is valuable because it can affect behaviour, a decision, or an outcome.
For example, if a manager is told his/her company’s net profit decreased in the past month, he/she may use this information as a reason to cut financial spending for the next month.
A piece of information is considered valueless if, after receiving it, things remain unchanged.
For a technical definition of information see information theory.
As well as having its ordinary meaning, ‘an information’ is a document laid before a justice (usually a Magistrate) with a view to beginning criminal proceedings. In theory, an information may be laid by anybody but, in practice, this action will be taken by the police (technically by the Chief Constable or his representative). If the information is sound, the magistrate will issue a summons or, in certain cases, an arrest warrant. Technically, an information is laid under oath.
The university imparts information, but it imparts it imaginatively.
He passed on any interesting snippets of information he could glean from his colleagues.
The manager of the local supermarket had one of his busiest days ever earlier this week, because the system was down, leaving him the responsibility of recording sales information.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Information are sourced/syndicated and enhanced from:
This glossary post was last updated: 5th May, 2020 | 4,221 Views.