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General description. 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.
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.
The death of Aeschylus, killed by a turtle dropped onto his head by a falcon, illustrated in the 15th-century Florentine Picture-Chronicle by Baccio Baldini. This list of unusual deaths includes unique or extremely rare circumstances of death recorded throughout history, noted as being unusual by multiple sources.
Graphene. Graphene is an atomic-scale hexagonal lattice made of carbon atoms. Graphene ( / ˈɡræfiːn / [1]) is an allotrope of carbon consisting of a single layer of atoms arranged in a hexagonal lattice [2] [3] nanostructure. [4] The name is derived from "graphite" and the suffix -ene, reflecting the fact that the graphite allotrope of ...
Madrid ( / məˈdrɪd / mə-DRID, Spanish: [maˈðɾið] ⓘ) [n. 1] is the capital and most populous city of Spain. The city has almost 3.4 million [8] inhabitants and a metropolitan area population of approximately 7 million. It is the second-largest city in the European Union (EU), and its monocentric metropolitan area is the second-largest ...
3D model (click to interact) The Rosetta Stone is a stele of granodiorite inscribed with three versions of a decree issued in 196 BC during the Ptolemaic dynasty of Egypt, on behalf of King Ptolemy V Epiphanes. The top and middle texts are in Ancient Egyptian using hieroglyphic and Demotic scripts, respectively, while the bottom is in Ancient ...
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