Business Glossary-Term List
Welcome to the MISMO Business Glossary - your online source of mortgage industry business terms and data point descriptions. Follow the links provided for Term Type; Focus Area; and Source descriptions; complete terms of authorized usage; and a more detailed description of the MISMO Business Glossary. Search tip: Use quotes for an exact search (e.g., "keyword or phrase").
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Search on:A quality or feature regarded as a characteristic or inherent part of a data element.
Term Source: Data Governance & Management CoP (DGM)
Term Type: Data
Focus Area: #DGMFitForPurpose
Data element where erroneous or unavailable data would cause negative consequences to the organization. Exact criteria for criticality is to be determined by each organization.
Term Source: Data Governance & Management CoP (DGM)
Term Type: Data
Focus Area: #DGMFitForPurpose
The timely and reliable access to and use of information or information systems.
Term Source: Data Governance & Management CoP (DGM)
Term Type: Data
Focus Area: #DGMFitForPurpose
An atomic unit of data that has precise meaning or precise semantics.
Term Source: Data Governance & Management CoP (DGM)
Term Type: Data
Focus Area: #DGMFitForPurpose
A record of the data life cycle that includes the data's origins and where it moves over time.
Term Source: Data Governance & Management CoP (DGM)
Term Type: Data
Focus Area: #DGMFitForPurpose
The degree to which data is fit for a given business process or operation.
Term Source: Data Governance & Management CoP (DGM)
Term Type: Data
Focus Area: #DGMFitForPurpose
Data that describe the characteristics or properties of a document, as opposed to the main contents of a document or other data.
Term Source: MISMO (Non-LDD)
Term Type: Data, Other
Focus Area: #DGMFitForPurpose, #eMortgage
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