Soil consolidationSoil consolidation refers to the mechanical process by which soil changes volume gradually in response to a change in pressure. This happens because soil is a two-phase material, comprising soil grains and pore fluid, usually groundwater. When soil saturated with water is subjected to an increase in pressure, the high volumetric stiffness of water compared to the soil matrix means that the water initially absorbs all the change in pressure without changing volume, creating excess pore water pressure.
Futures exchangeA futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts defined by the exchange. Futures contracts are derivatives contracts to buy or sell specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. Futures exchanges provide physical or electronic trading venues, details of standardized contracts, market and price data, clearing houses, exchange self-regulations, margin mechanisms, settlement procedures, delivery times, delivery procedures and other services to foster trading in futures contracts.
Coralline algaeCoralline algae are red algae in the order Corallinales. They are characterized by a thallus that is hard because of calcareous deposits contained within the cell walls. The colors of these algae are most typically pink, or some other shade of red, but some species can be purple, yellow, blue, white, or gray-green. Coralline algae play an important role in the ecology of coral reefs. Sea urchins, parrot fish, and limpets and chitons (both mollusks) feed on coralline algae.