validity

Definitions (3)
Related Terms
1. General: Period for which an agreement, bid or offer, claim, document, etc., remains in force.
2. Banking: Period for which a letter of credit remains effective and during which its beneficiary must meet all its requirements.
3. Degree to which an instrument, selection process, statistical technique, or test measures what it is supposed to measure.

Use 'validity' in a Sentence

When the couple was car shopping, they had to ensure that they made a decision before the validity of their loan preapproval was still in effect.
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The guy told me that it was the original painting but I questioned the validity or what he was telling me because he seemed crazy.
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The validity of our samples is going to depend on whether the data we use is accurate and correct; if the data isn't good, our samples won't prove anything.
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