
method of designating colours based on a colour arrangement scheme developed by the American art instructor and painter Albert H. Munsell. It ... [1 related articles]
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http://www.britannica.com/eb/a-z/m/139

The Munsell colour system is a system of colour definition based upon hue, value and chroma. Hue distinguishing red from blue, green from yellow and so on. Value being related to the lightness or darkness of the colour and chroma being the strength of the colour.
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http://www.probertencyclopaedia.com/browse/GM.HTM
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