The Composite Index of Leading Economic Indicators: How to Make It More Timely. Robert H. McGuckin, Ataman Ozyildirim, Victor Zarnowitz. A major shortcoming of the U.S. leading index is that it does not use the most recent information for stock prices and yield spreads. The index methodology ignores these data in favor of a time-consistent set of components (i.e., all of the components must refer to the previous month).
Definition of transfigure. transfigured. ; transfiguring. transitive verb. : to give a new and typically exalted or spiritual appearance to : transform outwardly and usually for the better.
transâ¢late. 1. to turn from one language into another or from a foreign language into one's own. 2. to change the form, condition, or nature of; convert: to translate thought into action.f you translate something that has been said or written, you say or write it in a different language. These jokes would be far too difficult to translate. You say that someone translates something from one language into another. An interpreter was going to translate his words into English.