information theory means: A mathematical theory that was first developed by Claude E. Shannon. It measures, among other things, the theoretical coding required to effectively communicate information. (in Stock Market Dictionary)

What else does information theory mean?

  • Theory of how likely it is for messages to be transmitted with a specified accuracy when bits of information that make up the message are susceptible, with some probabilities, of failure or distortion in transmission and accidental additions. (in Merlin Dictionary)