Definitions
In plain terms
Bars can group trades by fixed time, event count, volume, value, or information-driven thresholds.
Technical
A bar contract defines source events, eligibility, grouping boundary, timestamp convention, session reset, OHLC or other statistics, partial-tail behavior, and revision handling.
Scope
A bar is not necessarily time-based and is not raw market data.
Examples
- A governed dataset records bar explicitly and preserves the source context needed to interpret it.
Common misconceptions
- Bar does not have one universal meaning or policy without its declared source, scope, and data contract.
Concept relationships
Prerequisites
Narrower concepts
Required by
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