db4ois one example of this type of DBMS. OODMBSs are designed to manage complex data structuresas storage objects. NewSQL Database Management Systems NewSQLDBMSs likePostgreSQLprovide the scalability and performance benefits of NoSQL databases while retaining the ACID properties of traditional relationa...
A bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets. This fast inflation is followed by a quick decrease in value, or a contraction, that is sometimes referred to as a "crash" or a "bubble burst." Typically, a...
For instance, a fund manager may claim to have an activesector rotationstrategy for beating the S&P 500 with a track record of beating the index by 1.5% on an average annualized basis. This excess return is the manager’s value (the alpha), and the investor is willing to pay higher fees...
A mortgage-backed security (MBS) is an investment product that consists of thousands of individual mortgages. Investors can purchase MBSs on the secondary market and directly from the issuer. When MBS prices fall, residential mortgage rates tend to rise — and vice versa. If you have a mo...
enabling a person accessing an account or a device to prove that he or she really is who they claim to be. Stealing biometric data without a person’s knowledge, then reproducing it in a useable form to carry out a transaction is far more of a challenge than stealing and using a ...
This may result in a security that locks up assets for longer than anticipated and delivers a lower-than-expected coupon, because the amount of principal repayment is reduced. Thus, in a period of rising market interest rates, the price declines of MBSs would be accentuated due to the ...
Another special type of CDO is made up of home mortgage loans. These are called mortgage-backed securities (MBSs), which became infamous in the years after the Great Recession. Because a CDO can be made up of any debt, there can be a CDO that is formed by purchasing the financial securi...
The European Union (EU) is a political and economic group of countries, predominantly in Europe. These 27 countries work together to accomplish economic, political, and social goals for the betterment of the EU as a whole. It also includes certain benefits for the c...
Private-label MBSs comprised more than 50% of the mortgage finance market in 2006. Thesesubprime mortgagescreated an asset bubble that burst in 2006 with the subprime mortgage crisis. Since so many investors, pension funds, and financial institutions owned mortgage-backed securities, everyone took lo...
or by cash. In a physical settlement, sellers receive an actual bond from the buyer. Cash settlement, though, became the more preferred method when the purpose of CDSs shifted fromhedgingtools tospeculation. In this type of settlement, the seller is responsible for paying the buyer for losses...