Venetian LagoonThe Venetian Lagoon (Laguna di Venezia; Łaguna de Venesia) is an enclosed bay of the Adriatic Sea, in northern Italy, in which the city of Venice is situated. Its name in the Italian and Venetian languages, Laguna Veneta—cognate of Latin lacus, "lake"—has provided the English name for an enclosed, shallow embayment of salt water, a lagoon. The Venetian Lagoon stretches from the River Sile in the north to the Brenta in the south, with a surface area of around . It is around 8% land, including Venice itself and many smaller islands.
Yield spreadIn finance, the yield spread or credit spread is the difference between the quoted rates of return on two different investments, usually of different credit qualities but similar maturities. It is often an indication of the risk premium for one investment product over another. The phrase is a compound of yield and spread. The "yield spread of X over Y" is generally the annualized percentage yield to maturity (YTM) of financial instrument X minus the YTM of financial instrument Y.
LagoonA lagoon is a shallow body of water separated from a larger body of water by a narrow landform, such as reefs, barrier islands, barrier peninsulas, or isthmuses. Lagoons are commonly divided into coastal lagoons (or barrier lagoons) and atoll lagoons. They have also been identified as occurring on mixed-sand and gravel coastlines. There is an overlap between bodies of water classified as coastal lagoons and bodies of water classified as estuaries. Lagoons are common coastal features around many parts of the world.
Republic of VeniceThe Republic of Venice or Venetian Republic was a sovereign state and maritime republic in parts of present-day Italy (mainly northeastern Italy) that existed for 1100 years from AD 697 until AD 1797. Centered on the lagoon communities of the prosperous city of Venice, it incorporated numerous overseas possessions in modern Croatia, Slovenia, Montenegro, Greece, Albania and Cyprus. The republic grew into a trading power during the Middle Ages and strengthened this position during the Renaissance.
