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TeachMeFinance.com - explain common algorithm common algorithm The term 'common algorithm' as it applies to the area of basic math can be defined as 'a set of step by step instructions that are well known by most practitioners and are frequently used (e.g., borrowing, carrying)'. Previous 5 Terms: Commodity loan rates Commodity programs Commodity promotion programs Commodity Supplemental Food Program (CSFP) Common Agricultural Policy (CAP) Next 5 Terms: common carrier common denominator Common equity (book value) Common excavation Common external tariff (CXT) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.