TOTALISERS Meaning and
Definition
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Totalisers, also known as totalizators, are devices or systems used to calculate and display the total amount or quantity of something. They are commonly used in various fields to keep track of numerical figures and provide accurate summaries.
In the context of gambling or betting, totalisers refer to the machines or mechanisms used to calculate the total amount of money wagered on an event, such as horse racing or sports betting. These devices are crucial in determining the odds and final payouts to the winners. Totalisers typically work by registering the bets made by each individual and updating the total amount in real-time. This allows for accurate dividend calculations and ensures transparency in the betting process.
In industrial settings, totalisers can also be employed to record and display measurements of physical quantities, such as distance, volume, or energy. They are often part of larger systems that monitor and control various production processes, providing crucial data for analysis and management.
Additionally, totalisers can be found in financial institutions and banking systems, where they calculate and show the total value of assets, investments, or accounts. This feature enables account holders and financial professionals to keep track of their finances and make informed decisions.
Overall, totalisers are invaluable tools for numerous industries, providing reliable and up-to-date information on the cumulative amounts of various parameters.
Common Misspellings for TOTALISERS
- rotalisers
- fotalisers
- gotalisers
- yotalisers
- 6otalisers
- 5otalisers
- titalisers
- tktalisers
- tltalisers
- tptalisers
- t0talisers
- t9talisers
- toralisers
- tofalisers
- togalisers
- toyalisers
- to6alisers
- to5alisers
- totzlisers
- totslisers
Etymology of TOTALISERS
The word "totalisers" has its origins in the Latin word "totalis", which means "of or pertaining to the whole". The Latin word "totalis" evolved into the Old French word "total", meaning "total, whole, entire".
The suffix "-er" is added to the word "total" to form "totaler", which simply means "one who totals". This suffix "-er" is commonly used in English to indicate a person or thing that performs or possesses a given quality or action.
Over time, "totaler" transformed into the noun "totalizer", which refers to a mechanical or electronic device used to calculate and display the total amount or quantity of something. The plural form, "totalisers", is derived by adding the standard English plural "-s" to "totalizer", creating a word that denotes multiple devices or individuals involved in totaling.
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