What does aggregate mean in business?

What does aggregate mean in business?

Aggregation refers to an act of grouping items or things as a whole. This term can be used in various contexts, disciplines, and industries.

What is considered aggregate?

Aggregates are inert granular materials such as sand, gravel, or crushed stone that, along with water and portland cement, are an essential ingredient in concrete. ... Crushed aggregate is produced by crushing quarry rock, boulders, cobbles, or large-size gravel.

What does aggregation mean in accounting?

Account aggregation is a process in which data from many—or all—of an individual's or household's financial accounts are collected in one place. It is also referred to as financial data aggregation.

What does aggregate payment mean?

Payment aggregation is a processing arrangement when a large business (called the aggregator) is processing transactions on behalf of many smaller businesses belonging to its portfolio.

Does aggregate mean sum?

a sum, mass, or assemblage of particulars; a total or gross amount: the aggregate of all past experience.

What are aggregates and give examples?

An aggregate is a collection of people who happen to be at the same place at the same time but who have no other connection to one another. Example: The people gathered in a restaurant on a particular evening are an example of an aggregate, not a group.

What does aggregate mean in banking?

Account aggregation is a process in which data from many—or all—of an individual's or household's financial accounts are collected in one place. It is also referred to as financial data aggregation.

What does aggregate mean in trading?

What Is Aggregation? Aggregation in the futures markets is a process that combines of all futures positions owned or controlled by a single trader or group of traders into one aggregate position.

How do you calculate aggregation?

Add together all the numbers in the group. In the example, 45 plus 30 plus 10 equals an aggregate score of 95.

How do you calculate aggregate?

Steps to Calculate Aggregate for MDCAT

1. Marks obtained in HSSC /Equivalent x 1100 x 0.50 = 50% of HSSC/Equivalent. ...
2. Marks obtained in Entrance Test / SAT II / MCAT x 1100 x 0.50 = 50% of Admission Test.
3. Aggregate Marks x 100 = Aggregate Percentage. ...
4. 9 x 0.. ...
5. 9 x 0..

What does the name aggregate mean?

• The definition of aggregate is a whole or total amount of something. An example of the adjective aggregate would be to describe the total amount of cars sold by a sales team in one month. An example of the adjective aggregate would be how the President represents the total population of the country; the aggregate population.

What does "aggregate" mean in the insurance industry?

• The term Aggregate refers to the total limit which an insurance policy may potentially pay out in a policy period. For example; if your liability policy has a per occurrence limit of $1,000,000, and an aggregate limit of $5,000,000 - the policy has the capability to pay out a total of $5,000,000 over the entire term.

What is an example of an aggregate?

• An aggregate is a collection of people who happen to be at the same place at the same time but who have no other connection to one another. Example: The people gathered in a restaurant on a particular evening are an example of an aggregate, not a group.

What does the aggregate mean?

• Definition of aggregate. 1: a mass or body of units or parts somewhat loosely associated with one another Froth is an aggregate of tiny bubbles. 2: the whole sum or amount: sum total spent an aggregate of 10 million dollars in advertising during the past three years.