Definitions
In plain terms
It preserves the price basis observed for that instrument at the time, subject to feed corrections and normalization.
Technical
Unadjusted does not mean untouched bytes: decoding, currency scaling, corrections, eligibility, and source normalization may still have occurred.
Scope
Use an explicit basis label because raw can ambiguously mean source payload, decoded value, or unadjusted economics.
Examples
- A governed dataset records unadjusted price explicitly and preserves the source context needed to interpret it.
Common misconceptions
- Unadjusted Price does not have one universal meaning or policy without its declared source, scope, and data contract.
Concept relationships
Contrasts with
Where this concept is used
Evidence and governance
- Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract
Supports: preferred label, short definition, technical definition
Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.
- Reviewed by
- fintech-builder-owner-approved
- Last reviewed
- 2026-07-26
- Next review
- 2027-07-26
- Record status
- published