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An algorithm is an effective method that can be expressed within a finite amount of space and time and in a well-defined formal language for calculating a function.
An algorithm is a well-ordered collection of unambiguous and effectively computable operations that when executed produces a result and halts in a finite amount of time [ Schneider and Gersting 1995 ]. With this definition, we can identify five important characteristics of algorithms.1  Algorithms are well-ordered.hile these simple algorithms are fine for us, they are much too ambiguous for a computer. In order for an algorithm to be applicable to a computer, it must have certain characteristics. We will specify these characteristics in our formal definition of an algorithm.