Definition of “parameter” - English Dictionary

“parameter” in English

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parameternoun [ C usually plural ]

uk /pəˈræm.ɪ.tər/ us /pəˈræm.ə.t̬ɚ/

(Definition of “parameter” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“parameter” in American English

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parameternoun [ C usually pl ]

us /pəˈræm·ɪ·t̬ər/

a fixed limit that establishes how something should be done:

Aspin outlined the parameters of the debate between Congress and the Pentagon.

(Definition of “parameter” from the Cambridge Academic Content Dictionary © Cambridge University Press)

“parameter” in Business English

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parameternoun [ C usually plural ]

uk /pəˈræmɪtər/ us

a set of facts which describes and puts limits on how something should happen or be done:

The report defines the parameters of best practice at a strategic, operational, and process level within an organization.
within the parameters of sth We must work within the parameters of the law.
parameters for/around sth The parameters for establishing the fund are vague.
broad/clear/general paramaters Policies create clear parameters and make it easier to manage everyday business life.
define/establish/set parameters It is important to set paramaters for working hours that are reasonably flexible.
performance/price/risk parameters The company has been asked to explain the performance parameters of their scheme.
financial/investment parameters The new investment parameters of the investment fund will allow investors to rebalance their portfolios.

(Definition of “parameter” from the Cambridge Business English Dictionary © Cambridge University Press)