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A zero coupon swap (ZCS) [1] is a derivative contract made between two parties with terms defining two 'legs' upon which each party either makes or receives payments. One leg is the traditional fixed leg, whose cashflows are determined at the outset, usually defined by an agreed fixed rate of interest. A second leg is the traditional floating leg, whose payments at the outset are forecast but ...
Prefix codes are also known as prefix-free codes, prefix condition codes and instantaneous codes. Although Huffman coding is just one of many algorithms for deriving prefix codes, prefix codes are also widely referred to as "Huffman codes", even when the code was not produced by a Huffman algorithm. The term comma-free code is sometimes also applied as a synonym for prefix-free codes [1] [2 ...
The Nairobi Model was an international reply coupon printed by the Universal Postal Union which is approximately 3.75 inches by 6 inches and had an expiration date of 31 December 2013. This model was designed by Rob Van Goor, a graphic artist from the Luxembourg Post. It was selected from among 10 designs presented by Universal Postal Union member countries. Van Goor interpreted the theme of ...
Extreme couponing is an activity that combines shopping skills with couponing in an attempt to save as much money as possible while accumulating the most groceries. The concept of "extreme couponers" was first mentioned by The Wall Street Journal on March 8, 2010, in an article entitled "Hard Times Turn Coupon Clipping Into the Newest Extreme Sport". [2] On March 25, 2010, ABC Nightline ...
Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – 8 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until her death in 2022. She was queen regnant of 32 sovereign states over the course of her lifetime and remained the monarch of 15 realms by the time of her death. Her reign of 70 years and 214 days is the longest of any British ...
In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. [1] Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. [2] This transaction is based on the fact that most people prefer current interest to delayed interest ...
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