(redirected from Critical update)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.
Related to Critical update: Windows Update


1. An improvement to an existing product. Some companies, especially technology companies, offer upgrades to customers for free or at a discount.

2. An improvement to the quality of securities in a portfolio. For example, one may sell a stock with a given risk and return and buy another stock with a higher return at the same level of risk. Alternatively, a security may upgrade by itself; for example, its issuer may announce higher than expected earnings, and, therefore, a higher dividend.

3. An increase in a bond rating. For example, if a bond goes from a junk rating to an investment-grade rating, the bond is said to be upgraded. This usually occurs when the issuer reduces its exposure to one or more risks.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


to replace an existing COMPUTER system (HARDWARE and/or SOFTWARE) by a more powerful model capable of processing data faster or storing larger amounts of data. When upgrading, computer users can experience problems of compatibility with existing programs and machines.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
Maximize the value of your current home with critical updates like bath or kitchen remodels, which will both boost the sate price and help it sell faster.
Two of these critical updates fix holes in the company's newest flagship operating system - Vista - touted as Microsoft's most secure ever.
Some shippers capitalized on Transport4's ability to push data automatically and shared critical updates with key supply partners.
Expect critical updates from regulators and standard-setters on recent financial accounting standards and reporting requirements, as well as current projects in development.
* Configure your computer(s) to download and install Windows and Office critical updates automatically.
"The immediacy, convenience and efficiency make electronic communications optimal for critical updates, news publications, and event notices to keep members abreast of the news they need to know."
This laptop comes equipped with a layered approach to virus protection and advanced security, data recovery and power management features, such as: Rescue and Recovery 2.0, a set of tools contained in an embedded, pre-boot emergency system; and Antidote Delivery Manager, which protects against viruses and worms by enabling companies to deploy critical updates throughout their enterprise.
* Expanded A&A and Tax tracks including critical updates on FASB, SSARS, Choice of Entity and Estate Planning
``The goal was always around reducing the number of critical updates. ''
Many of these applications have strong Policy Decision Point (PDP) and Policy Enforcement Point (PEP) functionality--keeping all those different devices in line and updating virus software and other critical updates from the manager's own wireless device, while maintaining security of information coming into and out of the data center.
10 Install Windows updates plus the latest critical updates and patches.