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interpolation

 - 4 dictionary results

in⋅ter⋅po⋅la⋅tion

  [in-tur-puh-ley-shuhn]
Use interpolation in a Sentence
–noun
1. the act or process of interpolating or the state of being interpolated.
2. something interpolated, as a passage introduced into a text.
3. Mathematics.
a. the process of determining the value of a function between two points at which it has prescribed values.
b. a similar process using more than two points at which the function has prescribed values.
c. the process of approximating a given function by using its values at a discrete set of points.
Origin:
1605–15; < L interpolātiōn- (s. of interpolātiō). See interpolate, -ion
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To interpolation
in·ter·po·late   (ĭn-tûr'pə-lāt')   
v.   in·ter·po·lat·ed, in·ter·po·lat·ing, in·ter·po·lates

v.   tr.

  1. To insert or introduce between other elements or parts.

    1. To insert (material) into a text.

    2. To insert into a conversation. See Synonyms at introduce.

  3. To change or falsify (a text) by introducing new or incorrect material.

  4. Mathematics To estimate a value of (a function or series) between two known values.

v.   intr.
To make insertions or additions.

[Latin interpolāre, interpolāt-, to touch up, refurbish, from interpolis, refurbished; see pel-5 in Indo-European roots.]
in·ter'po·la'tion n., in·ter'po·la'tive adj., in·ter'po·la'tor n.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Interpolation

A method of estimating an unknown price or yield of a security. This is achieved by using other related known values that are located in sequence with the unknown value.

Investopedia Commentary

Interpolation is most often used in situations where a table of values is missing data. As an example, some bond tables list net yields for bonds in a sequence of 1, 3, and 5 years. Interpolation would be used to determine the yield for the 2nd and 4th year. In effect, interpolation is a process of trial and error.

Also called linear interpolation.

See also: Bond, Bootstrapping, Maturity, Yield, Yield to Maturity

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Computing Dictionary

interpolation
extrapolation

The Free On-line Dictionary of Computing, © 1993-2007 Denis Howe
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