- matrix UK US /ˈmeɪtrɪks/ noun [C] (plural matrixes or matrices)► a group of numbers or other things arranged in a rectangle that can be used to solve a problem or measure something: »
The bottom row of the matrix indicates typical lead times for starting activities in order to complete the stage by the date scheduled.»
They use a matrix which classifies the company's product or service on one axis from A to E.► a set of related things that affect the way something develops or changes: »
The modern matrix of cultural management includes buzzwords like 'access' and 'empowerment'.
Financial and business terms. 2012.