aggregation

ag·gre·gate   (āg'rĭ-gĭt)    adj.   Constituting or amounting to a whole; total: aggregate sales in that market. Botany Crowded or massed into a dense cluster. Composed of a mixture of minerals separable by mechanical means. n.   A total considered with reference to its constituent parts; a gross amount: "An empire is the aggregate of many states under one common head" (Edmund Burke). The mineral materials, such as sand or stone, used in making concrete. v.   (-gāt') ag·gre·gat·ed, ag·gre·gat·ing, ag·gre·gates v.   tr. To gather into a mass, sum, or whole. To amount to; total. v.   intr. To come together or collect in a mass or whole: "Some [bacteria]aggregate so closely as to mimic a multicellular organism" (Gina Kolata). [Middle English aggregat, from Latin aggregātus, past participle of aggregāre, to add to : ad-, ad- + gregāre, to collect (from grex, greg-, flock; see ger- in Indo-European roots).] ag'gre·gate·ly adv., ag'gre·ga'tion n., ag'gre·ga'tive adj., ag'gre·ga'tor n.

Aggregation

1. Used in corporate financial planning, aggregation is a process whereby a number of a firm's smaller projects are combined and treated as an individual project.

2. Used in futures markets, aggregation is a principal involving the combination of all future positions owned or controlled by a single trader or group of traders.

Investopedia Commentary

1. This is a time saving accounting method for larger corporations. It helps consolidate resources and identify project costs efficiently.

2.The main purpose of aggregation is to ensure accurate reporting and compliance with regulations regarding the permitted levels of speculative limits for a single commodity.

See also: Actual, Futures Contract, Pooling of Interests, Project Finance

Main Entry: ag·gre·ga·tion
Pronunciation: "a-gr&-'gA-sh&n
Function: noun
1 : the collecting of individual units (as damages) into a whole
2 : a collection of separate parts that is unpatentable because no integrated mechanism or new and useful result is produced —compare COMBINATION, EQUIVALENT

aggregation ag·gre·ga·tion (āg'rĭ-gā'shən)
n.
A massing together or clustering of independent but similar units, such as particles, parts, or bodies.

aggregation programming
A composition technique for building a new object from one or more existing objects that support some or all of the new object's required interfaces.
(1996-01-07)