1. level set - Noun
2. level set - Verb
level set (plural level sets)
(mathematical analysis) The set of values x for which a real-valued function f(x) is equal to a given constant.
level set (third-person singular simple present level sets, present participle level setting, simple past and past participle level set)
(business) To establish a baseline of mutual understanding
Before we start the negotiation, let's level set until we all agree on a starting point.
(business) An event consisting of level setting
(business) A state of mutual understanding among parties
We need to have a level set before we can go on, just so we're all on the same page.