Standard

1. Quality - regulation - noun.

A level of attainment or quality, especially a minimum level or a mandatory level.

Including levels established, monitored and enforced by regulators and legal authorities.

Examples include the Standards developed and issued by the ISO, and International Financial Reporting Standards.

2. Documentation - noun.

The document containing the detailed description of a formal Standard.

3. Adjective.

Normal, average or usual.

For example, a standard cost in a production or service process.

See also

• Bespoke
• Binding Technical Standard
• Boilerplate
• Climate Bonds Standard
• FAST Modelling Standard
• Gold standard
• International Financial Reporting Standards
• ISO
• Non-standard monetary policy
• Off the shelf package
• Regulation
• Regulatory Technical Standard
• Software
• Standard contribution rate
• Standard cost
• Standard deviation
• Standard Listing
• Standard rated
• Standard Setting Body
• Standard variable rate
• Tailor
• White-label