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Credit default swap. A credit default swap ( CDS) is a financial swap agreement that the seller of the CDS will compensate the buyer in the event of a debt default (by the debtor) or other credit event. [1] That is, the seller of the CDS insures the buyer against some reference asset defaulting.
Rookie card. A rookie card is a trading card that is the first to feature an athlete after that athlete has participated in the highest level of competition within their sport. [1] [2] Collectors may value these first appearances more than subsequent card issues. Athletes are often commemorated on trading cards which are highly collected based ...
The Haijin ( 海禁) or sea ban was a series of related isolationist policies in China restricting private maritime trading and coastal settlement during most of the Ming dynasty and early Qing dynasty. The policy introduced by the Ming founder Zhu Yuanzhang significantly hampered the growth of China's domestic trade, [1] although the Ming was ...
The email using the code A1 has a 5% response rate (50 of the 1,000 people emailed used the code to buy a product), and the email using the code B1 has a 3% response rate (30 of the recipients used the code to buy a product). The company therefore determines that in this instance, the first Call To Action is more effective and will use it in ...
YouTube is an American online video sharing platform owned by Google. Accessible worldwide, [note 1] YouTube launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim, three former employees of PayPal. Headquartered in San Bruno, California, United States, it is the second most visited website in the world, after Google Search.
Texas hold 'em (also known as Texas holdem, hold 'em, and holdem) is one of the most popular variants of the card game of poker. Two cards, known as hole cards, are dealt face down to each player, and then five community cards are dealt face up in three stages. The stages consist of a series of three cards ("the flop"), later an additional ...