Examlex
What captures transaction and event information using technology to (1) process the information according to defined business rules, (2) store the information, and (3) update existing information to reflect the new information?
Switch Closed
A condition in an electrical circuit where the switch is in a position that allows current to flow through.
Preset
A predetermined setting or value that is programmed into a device, allowing it to perform a certain function automatically or under specific conditions.
RTO Timer
A type of timer in industrial control systems that allows for retentive countdowns, meaning it retains the countdown value during power cycles or when in an off state.
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