1 : the analysis of a set of facts in their relation to one anotherI suggest they mean it in senses 1, 3, 5 & 6 [though not 6b]. That is a status worth having - and and it is not demeaning or belittling to call it "a theory". In everyday use, there's a distinction that scientists don't get confused over.
2 : abstract thought : SPECULATION
3 : the general or abstract principles of a body of fact, a science, or an art, eg, 'music theory'
4 a : a belief, policy, or procedure proposed or followed as the basis of action,eg, 'her method is based the theory that all children want to learn';
4 b : an ideal or hypothetical set of facts, principles, or circumstances -- often used in the phrase in theory, eg 'in theory, we have always advocated freedom for all'
5 : a plausible or scientifically acceptable general principle or body of principles offered to explain phenomena 'wave theory of light'
6 a : a hypothesis assumed for the sake of argument or investigation b : an unproved assumption : CONJECTURE c : a body of theorems presenting a concise systematic view of a subject , eg, 'theory of equations'
synonym see HYPOTHESIS
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This was the salient point for me.
posted by orange swan at 9:21 AM on January 30, 2003