master data and transactional data. Reference data represents business categories such as plants, currency and stores. Master data is information on business entities such as products, suppliers ...

There are different types of master data, such as the data about customers ... that has the ability to reverse or scale back a database transaction that doesn’t go smoothly. Use this information to ...

Examples include postal codes, transaction codes, financial hierarchies, state or country codes, customer segments, and so on. According to enterprise data company TIBCO, “Where master data ...