Evaluation & metrics
Of all the cases a model flags as positive, the share that really are; in security terms, how many alerts were real.
Formal
The number of true positives divided by all cases the model marked positive (true positives plus false positives), taken from a confusion matrix for one class.
In plain English
Like a mushroom picker whose basket holds only good mushrooms; every one they chose was safe, even if they walked past plenty of others.
In practice
At a small engineering firm, the office manager who looks after IT sees the phishing filter hold back 200 emails in a month; 180 really are phishing, so its precision is 90%, and she releases the other 20 by hand.
Why it matters
Low precision buries staff in wrong alerts and teaches them to ignore the tool, so it is the number to raise when the cost of a wrong flag is high.