double counting
"Double counting" is a common error that can occur in various fields, leading to inaccurate or misleading results.
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Definition
B2General
(common)The error of counting the same item or event more than once in a calculation or analysis, leading to inaccurate results.
Example
- The report's figures were off due to double counting of some entries.
C1Accounting
(technical)The inclusion of the same financial transaction in more than one account, which can distort financial statements.
Example
- Double counting in the financial records led to an overestimation of profits.
C1Statistics
(technical)The act of including the same data point multiple times in a dataset, which can skew results and lead to erroneous conclusions.
Example
- The survey results were invalidated due to double counting of several responses.
C1Environmental Benefits
(technical)The situation where two different parties claim the same environmental benefits from the same generated green power.
Example
- Double counting of Renewable Energy Certificates can undermine trust in green power markets.
Similar
Terms that have similar or relatively close meanings to "double counting":