Discover

In general, a residual is a positive or negative numeric difference between two numbers.

★ For its use in mathematics, see residual (mathematics).

★ In statistics, residual is the observed value minus the predicted value; see errors and residuals in statistics.

★ In business, a residual payment is one of an ongoing stream of payments for the completion of past achievements. The entertainment industry use of the word refers to a payment made to the creator of performance art (or the performer in the work) for subsequent showings or screenings.

★ In the context of insolvent businesses, the 'residual claimants' (shareholders, partners, or sole proprietor) to a bankrupt organization receive any money that is left after all assets are sold and all creditors paid.

★ In video compression see Residual frame.

★ In finance, a residual (or balloon) can refer to a lump sum owed to the financier at the end of a loan's term, expressed either as a dollar value or a percentage of the amount borrowed.

Contents

See also

See also

★ Studentized residual

★ Residual (entertainment industry)

★ The Residuals (Fleet Capital Leasing)