measures

Definition 1

Act of quantifying values into meaningful standardized units; taking measurements. For example, an architect measures the dimensions of a model prior to scaling it to its full-size.

Definition 2

Actions taken either in anticipation of an event or in a needed event. For example, if a business is under-leveraged, it may take appropriate measures to further spur its growth by borrowing money from a bank or issue debt instruments.

Definition 3

Standardized method of calculation. For example, liquid measures denote how liquids can be measured, whether in fluid ounces or liters.