English Reference

Word

MAE

Phoneticsmae

/ˈmeɪ/

Definitions

01statistics / error measurement

C1 · Math

n. Stands for Mean Absolute Error. It is a way to measure how far off a set of predictions are from the actual results.

n. Abbreviation for Mean Absolute Error. A metric used in statistics and machine learning to quantify the average magnitude of errors in a set of predictions, without considering their direction.

“The data scientist checked the MAE to see how well the model predicted house prices.”

“By minimizing the MAE during the training phase, the researchers ensured that the model remained robust against outliers in the validation dataset.”

Technical · Academic

Usage

Usually treated as an uncountable noun when referring to the method or a countable noun when referring to the specific value.

Synonyms

average errordeviation

02business law / contracts

C2 · Law

n. Stands for Material Adverse Effect. It refers to a very bad change in a company's situation that might allow a buyer to cancel a deal.

n. Abbreviation for Material Adverse Effect. A legal clause in merger and acquisition agreements that allows a party to withdraw if a significant negative change occurs to the target company's business.

“The buyer tried to back out of the deal, claiming the pandemic was a MAE.”

“The litigation centered on whether the sudden loss of a major patent constituted a MAE sufficient to terminate the merger agreement without penalty.”

Technical · Formal

Usage

Often used within a 'MAE clause' in a contract.

Synonyms

MACmaterial adverse change

03female given name

B2

n. A traditional female name, often used as a middle name.

n. A female given name, historically a diminutive of Mary or Margaret.

“Her grandmother's name was Anna Mae, which was very common in that era.”

“The author published her latest novel under the pseudonym Clara Mae to distinguish her fiction from her academic journals.”

Synonyms

May

Domains

BusinessStatistics

This entry

Level
C1 · Advanced
Frequency
Frequent
Updated

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