Non-Lossy Compression: A form of data compression which seeks out chunks of data which are identical, replacing them with markers called keys. In this way, the file is reduced in size, and when it is decompressed by the recipient, the keys are replaced with the large chunks of data that were originally there (this is called Run Length Encoding). Using non-lossy compression, the uncompressed file is identical to the original file.

 

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Non-Lossy Compression: A form of data compression which seeks out chunks of data which are identical, replacing them with markers called keys. In this way, the file is reduced in size, and when it is decompressed . . . View Full Definition

Lossy Compression: A type of data compression which permanently discards data that humans supposedly 'cannot hear' to create much smaller audio, video and image file sizes. When the file is decompressed by the . . . View Full Definition

Pay Compression: A situation occurring when only a small difference in pay exists between employees, regardless of their knowledge, skills, abilities or experience. Oftentimes, it is the result of a market-r . . . View Full Definition

Price Compression: The limitation of the price appreciation potential for a callable bond in a declining interest rate environment, based on the expectation that the bond will be redeemed at the call price.