Definitions (3)
1. The ability of an apparatus, machine, or system to consistently perform its intended or required function or mission, on demand and without degradation or failure.
2. Manufacturing: The probability of failure-free performance over an item's useful life, or a specified timeframe, under specified environmental and duty-cycle conditions. Often expressed as mean time between failures (MTBF) or reliability coefficient. Also called quality over time. See also availability.
3. Consistency and validity of test results determined through statistical methods after repeated trials.
Related Articles
- How to Sell a House *
- What is a Savings and Loan Association? *
- Corporate Bonds *
- Starting a College Fund for your Child - Savings or Investments? *
- Deciding Whether Your Nest Egg is Big Enough *
- Leading Economic Indicators Explained *
- Types of Accounts Typically Offered by Banks *
- How to Contest Errors in Your Credit Report *
Related Answers
Related Videos
http://www.businessdictionary.com/definition/reliability.html


