Absolute
From ACT Wiki
Jump to navigationJump to search
1.
An absolute measure is one expressed in money terms or other fixed terms, rather than a proportion or percentage.
2.
Outright, without limit or qualification.
3. Financial modelling - spreadsheets - construction - cell references.
In financial modelling with spreadsheets, absolute refers to cell references when they're copied around the spreadsheet.
Fully absolute cell references - for example $A$1 in Excel - will stay as $A$1 wherever we copy them within the spreadsheet.
This kind of cell reference is sometimes known as an anchored, fixed or dollarised reference.
Contrasted with a standard relative cell reference - for example A1.
Relative cell references are the default.
