GlossaryDefinition
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1. Reference data is a special subset of m … 1. Reference data is a special subset of master data that’s used for classification throughout your entire organization: postal codes, cost centers, financial hierarchies or countries. Whether the data is externally mandated or internally authored it’s unambiguous and non-negotiable.hored it’s unambiguous and non-negotiable.
, 2. Reference data are data that define the set of permissible values to be used by other data fields. Reference data gain in value when they are widely re-used and widely referenced.
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