Business Terms and Jargon Explained

What is Hash Function

An algorithm or one-way function which takes a set of data and condenses it to a fixed length binary number (hash value or hash). The function must ensure that: It is virtually impossible to find two valid sets of data that will result in the same hash value.

It is impossible to derive the original data that was used to produce a given hash value.

Crown Copyright. Material taken from the DTI - Department for Trade and Industry. Reproduced under the terms and conditions of the Click-Use Licence.

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Invoice Outward Processing Relief Credit Scoring
Industrial Tax Exemption End Use Dividend
Agent Out of Pocket Critical Success Factors
Merger UN Compounded Settlement
NASDAQ File Permissions Uncollected funds
Collateralised Transactions VLO Households
Hryvnia Alimony Natural Person
Baseline Security Mutual Linking Agreement Intestate
Author Benefits in kind Company Tax Return
Arraignment Locked box Fiat money
QUANGO Bereaved minor Lilangeni
Independent Complaints Reviewer Backdoor Percentage of Annual Revenue From Online Sales
Deferment Account Import Duty MD2

Term created / updated 2007-02-28 13:41:36

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