Set of signals, instruments and standards which regulate the railway traffic by means of automatic, manual, optical or sound signalling.
Act of sending messages between network switches and/or control points that convey information about circuit status, traffic loads, call routing and other immediate aspects of network operations.
In economics, more precisely in contract theory, signalling is the idea that one party (termed the agent) conveys some meaningful information about itself to another party (the principal). For example, in Michael Spence's job-market signalling model, employees signal the level of their skills to employers by acquiring a certain degree of education.