Understandability

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Understandability

The articulation of financial terms in words whose meanings can be understood by a layperson.
References in periodicals archive ?
Readability = (0.39xsentence length) + (1.18xword length) - 15.59, World length = syllable number/word number, Sentence length = word number/sentence number.
Table 1 shows the readability intervals of the readability formulas used in the study.
Cetinkaya and Uzun (15) developed a formula to measure the readability of Turkish texts in 2010 (Table 2).
There has been some more recent research relating to readability. Lehavy, Li, and Merkley (2011) used readability tests to analyze annual reports from 1995 to 2006.
An analyst can easily measure the readability of any finance document.
What are the differences among readability measures and text sources (e.g., literacy readers, trade books, online articles)?
Chapter 5 focuses on "Coherence and Discourse" properties of texts and their effect on readability, where, in addition to a further discussion of conceptual linking and background knowledge, the authors discuss the effect of frames and metaphors on readability.
Prior to analyzing the data, the "ideal" criteria for the readability of the online resources were established.
A box and whisker plot depicting distribution of readability grade levels by the readability metric utilized is shown in Figure 3.
Authors and publishers utilize readability indices to quantify the reading grade level at which a typical student can read a text.
The readability of the material was determined using the Flesch Reading Ease Score (FRES) and the Flesch Kincaid Grade Level (FKGL) score.