Light Output Ratio – the percentage of light emitted from the light source that makes it out of the luminaire. An LOR of 70 means 30 per cent of the light from lamp is lost inside the reflector and light fitting.
Colour gamut is a measure of how colourful a scene will appear under a given light source. Sources with a high colour gamut generally make objects appear brighter and more colourful.
The binning of LEDs is a practice used by LED manufacturers to manage the variation of LED performance that is inherent in the mass production. LEDs of similar appearance to the human eye are put in different boxes, or bins. LEDs from the ‘best’ bins are more expensive. Additionally LED manufacturers often operate slightly different binning policies from each other.