A credit event is a specific occurrence that affects the creditworthiness of a borrower, typically leading to a default on a debt obligation. In the context of financial markets, credit events are especially important for credit derivatives, such as credit default swaps (CDS), where they trigger payouts or other actions from the protection seller to the protection buyer. Common examples of credit events include: 1. **Bankruptcy**: The borrower is unable to meet its liabilities and files for bankruptcy protection.
In finance, "default" refers to the failure of a borrower to meet the legal obligations or conditions of a loan, which typically means that they are unable to make the scheduled payments of principal or interest. This can occur in various contexts, including: 1. **Corporate Default**: When a corporation is unable to pay its debts or interest on bonds it has issued. This could lead to bankruptcy or restructuring.
A recovery swap is a financial instrument typically used in the context of restructuring debts or managing financial distress. While the term can have specific meanings in different contexts, it generally refers to an agreement between parties to exchange certain cash flows or assets with the aim of improving the financial position of one party, often in a distressed situation.
Redlining is a discriminatory practice that began in the United States in the 1930s, where banks and insurance companies would deny services, such as mortgages and insurance, to residents of certain neighborhoods based on racial or ethnic demographics rather than individual creditworthiness. The term "redlining" comes from the practice of using red ink to outline areas on maps that were deemed too risky for investment, often correlating with predominantly African American or minority communities.
"Betrayers of the Truth: Fraud and Deceit in the Halls of Science" is a book written by Nicholas Wade, a former science reporter for The New York Times, along with co-authors and fellow journalists William J. Broad and Dennis Overbye. Published in 1992, the book addresses issues of fraud and ethical misconduct within the scientific community.
The Standardized Approach (SA) is a method used to calculate credit risk capital requirements under the Basel Accords, which are international banking regulations set by the Basel Committee on Banking Supervision (BCBS). The objective of the SA is to provide a framework that allows banks to measure their exposure to credit risk and determine the minimum capital they must hold to cover potential losses.
As of my last knowledge update in October 2023, Ivan Paskvić does not appear to be a widely recognized figure in public records, literature, or notable events. It's possible that Ivan Paskvić could refer to a private individual, an emerging public figure, or a character in a specific context not widely covered in mainstream media.
Yield spread refers to the difference in yields between two different financial instruments, typically bonds or other fixed-income securities. It is often expressed in basis points (bps), where one basis point is equal to 0.01%. The yield spread can provide insights into various market conditions and risk perceptions among investors. There are several contexts in which yield spreads are commonly discussed: 1. **Credit Spread**: This is the difference in yield between a corporate bond and a government bond (such as U.S.
Croatian geodesists refer to professionals in Croatia who specialize in geodesy, which is the science of measuring and understanding Earth's geometric shape, orientation in space, and gravity field. Geodesists are involved in various tasks such as land surveying, mapping, and determining land boundaries, as well as working with geographic information systems (GIS) and satellite positioning technologies. In Croatia, geodesy plays an important role in land management, urban planning, environmental monitoring, and infrastructure development.
Interrogating Ethnography is a critical approach that examines the methods, practices, and assumptions underlying ethnographic research. It seeks to question traditional ethnographic methods and interpretations by exploring the power dynamics, ethical considerations, and cultural contexts involved in conducting ethnographic studies. This approach often involves: 1. **Reflexivity**: Ethnographers are encouraged to reflect on their own biases, perspectives, and the impact of their presence in the field.
The theory of relativity, comprising both the special theory of relativity (1905) and the general theory of relativity (1915), has been immensely successful in explaining various physical phenomena. However, it has also faced criticism and skepticism, particularly in the following areas: 1. **Conceptual Challenges**: Some critics argue that the theory's implications can be counterintuitive and challenge conventional notions of space and time.
"Farewell to Reason" is a book written by the philosopher and mathematician Paul Feyerabend, published in 1987. In this work, Feyerabend critiques the dominance of reason and rationality in the philosophy of science and argues against the idea that scientific progress can only be achieved through strict adherence to rationality and objective methodologies.
Marino Ghetaldi (also spelled Ghetaldi or Ghetaldus) was a notable figure in the fields of mathematics and physics during the late 16th and early 17th centuries. Born in 1551 in the territory of the Republic of Venice (now part of modern-day Croatia), he is best known for his contributions to geometry and mechanics.
The Radical Psychology Network (RPN) is a collective of psychologists and mental health professionals who advocate for an approach to psychology that emphasizes social justice, critical psychology, and a challenge to traditional, often hierarchical, practices within the field. RPN focuses on the intersection of psychology with issues such as racism, sexism, classism, and other forms of oppression, and it promotes alternatives to mainstream psychological practices that may perpetuate these inequalities.
"The Monsanto Years" is a concept that primarily refers to a music album by the American musician Neil Young, released in 2015. The album, which includes a collection of songs, critiques corporate practices, specifically targeting the agricultural biotechnology company Monsanto. In "The Monsanto Years," Young addresses issues related to genetically modified organisms (GMOs), corporate influence in agriculture, and environmental concerns.
Croatian women in physics have made significant contributions to the field, although historically, they have been underrepresented compared to their male counterparts. Like in many countries, the representation of women in STEM (science, technology, engineering, and mathematics) fields, including physics, has been an ongoing issue.
Ivan Supek (1918–2005) was a notable Croatian scientist, philosopher, and humanist, known primarily for his work in the fields of physics and philosophy. He made significant contributions to the development of science and education in Croatia and was an advocate for democracy and human rights. Supek was also involved in the founding of several institutions and initiatives aimed at promoting scientific research and education, including the Ruđer Bošković Institute in Zagreb.
Slobodan Danko Bosanac is not a widely recognized term, name, or entity in popular culture, history, or current events based on the data available up to October 2023. It is possible that it refers to a private individual, a less well-known figure, or a specific reference that does not align with prominent public knowledge.
Information-theoretically secure algorithms refer to cryptographic methods that provide security guarantees based on information theory rather than computational assumptions. This means that the security of these algorithms does not rely on the difficulty of certain mathematical problems (like factoring large integers or solving discrete logarithms), which can potentially be broken with advancements in computing power or new algorithms. The most well-known example of an information-theoretically secure cryptographic method is **quantum key distribution (QKD)**, particularly the BB84 protocol.
Pinned article: Introduction to the OurBigBook Project
Welcome to the OurBigBook Project! Our goal is to create the perfect publishing platform for STEM subjects, and get university-level students to write the best free STEM tutorials ever.
Everyone is welcome to create an account and play with the site: ourbigbook.com/go/register. We belive that students themselves can write amazing tutorials, but teachers are welcome too. You can write about anything you want, it doesn't have to be STEM or even educational. Silly test content is very welcome and you won't be penalized in any way. Just keep it legal!
Intro to OurBigBook
. Source. We have two killer features:
- topics: topics group articles by different users with the same title, e.g. here is the topic for the "Fundamental Theorem of Calculus" ourbigbook.com/go/topic/fundamental-theorem-of-calculusArticles of different users are sorted by upvote within each article page. This feature is a bit like:
- a Wikipedia where each user can have their own version of each article
- a Q&A website like Stack Overflow, where multiple people can give their views on a given topic, and the best ones are sorted by upvote. Except you don't need to wait for someone to ask first, and any topic goes, no matter how narrow or broad
This feature makes it possible for readers to find better explanations of any topic created by other writers. And it allows writers to create an explanation in a place that readers might actually find it.Figure 1. Screenshot of the "Derivative" topic page. View it live at: ourbigbook.com/go/topic/derivativeVideo 2. OurBigBook Web topics demo. Source. - local editing: you can store all your personal knowledge base content locally in a plaintext markup format that can be edited locally and published either:This way you can be sure that even if OurBigBook.com were to go down one day (which we have no plans to do as it is quite cheap to host!), your content will still be perfectly readable as a static site.
- to OurBigBook.com to get awesome multi-user features like topics and likes
- as HTML files to a static website, which you can host yourself for free on many external providers like GitHub Pages, and remain in full control
Figure 3. Visual Studio Code extension installation.Figure 4. Visual Studio Code extension tree navigation.Figure 5. Web editor. You can also edit articles on the Web editor without installing anything locally.Video 3. Edit locally and publish demo. Source. This shows editing OurBigBook Markup and publishing it using the Visual Studio Code extension.Video 4. OurBigBook Visual Studio Code extension editing and navigation demo. Source. - Infinitely deep tables of contents:
All our software is open source and hosted at: github.com/ourbigbook/ourbigbook
Further documentation can be found at: docs.ourbigbook.com
Feel free to reach our to us for any help or suggestions: docs.ourbigbook.com/#contact





