Le CorbusierCharles-Édouard Jeanneret (6 October 1887 - 27 August 1965), known as Le Corbusier (UKlə_kɔːrˈbjuːzieɪ , USlə_ˌkɔːrbuːˈzjeɪ,_-ˈsjeɪ , lə kɔʁbyzje), was a Swiss-French architect, designer, painter, urban planner and writer, who was one of the pioneers of what is now regarded as modern architecture. He was born in Switzerland and became a French citizen in 1930. His career spanned five decades, in which he designed buildings in Europe, Japan, India, as well as North and South America.
RouletteRoulette is a casino game named after the French word meaning little wheel which was likely developed from the Italian game Biribi. In the game, a player may choose to place a bet on a single number, various groupings of numbers, the color red or black, whether the number is odd or even, or if the numbers are high (19–36) or low (1–18). To determine the winning number, a croupier spins a wheel in one direction, then spins a ball in the opposite direction around a tilted circular track running around the outer edge of the wheel.
Yield (finance)In finance, the yield on a security is a measure of the ex-ante return to a holder of the security. It is one component of return on an investment, the other component being the change in the market price of the security. It is a measure applied to fixed income securities, common stocks, preferred stocks, convertible stocks and bonds, annuities and real estate investments. There are various types of yield, and the method of calculation depends on the particular type of yield and the type of security.
Bootstrapping (finance)In finance, bootstrapping is a method for constructing a (zero-coupon) fixed-income yield curve from the prices of a set of coupon-bearing products, e.g. bonds and swaps. A bootstrapped curve, correspondingly, is one where the prices of the instruments used as an input to the curve, will be an exact output, when these same instruments are valued using this curve. Here, the term structure of spot returns is recovered from the bond yields by solving for them recursively, by forward substitution: this iterative process is called the bootstrap method.
