underlying assumption

underlying assumption

[un′dərlī′ing]
a set of rules one holds about oneself, others, and the world. These rules are regarded by the individual as unquestionably true.
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References in periodicals archive ?
The underlying assumption is that most if not all non-monotonic reasoning is based on underlying assumptions.
1) Feedback from individuals or groups that supports our underlying assumptions is considered to be valid.
Finally, after executing the mistake, whether the outcome is good or bad, you must analyze the process and determine if the results reinforced or changed your underlying assumptions.
The technology is oriented toward providing an open forum for raising issues and identifying underlying assumptions while allowing participants to rank their preferences.
The result of these calculations, referred to as the "expected benefit obligation," involves using the best estimate of the underlying assumptions, such as retirement age, employee turnover, mortality, the frequency and cost of future medical services, and an appropriate discount rate.
Those statements are made based on various underlying assumptions and are subject to numerous uncertainties and risks, including without limitation change orders and other modifications to contracts.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially and adversely from those anticipated, estimated or projected.
Such statements involve risks and uncertainties, including, but not limited to, costs and difficulties related to the spin-off, the underlying assumptions and expectations related to the Bed and Biscuit spin-off proving to be inaccurate or unrealized, including, among other things, the likelihood of and expected timing for completion of the spin-off, the expected date the shares of AFVS and Bed and Biscuit will trade separately, the timing and development of a "when issued" trading market for Bed and Biscuit common stock, the timing of the effectiveness of the to be filed registration statement with the SEC, and the timing of the approval for quotation of the Bed and Biscuit common stock on the OTCBB.
All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
By their very nature, forward-looking statements are based on underlying assumptions and are subject to inherent risks and uncertainties surrounding future expectations generally.