Reference data

Reference data are data from outside the organisation (often from standards organisations) which is, apart from occasional revisions, static. This non-dynamic data is sometimes also known as “standing data”. Examples would be currency codes, Countries (in this case covered by a global standard ISO 3166-1) etc. Reference data should be distinguished from “Master Data” which is also relatively static data but originating from within the organisation e.g. products, departments, even customers.

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