Tuesday, May 27, 2008

Colossus of Rhodes

This drawing of Colossus of Rhodes, which illustrated The Grolier Society's 1911 Book of Knowledge, is probably fanciful, as it is unlikely that the statue stood straddling the harbour mouth.
Colossus of Rhodes imagined in a 16th-century engraving by Martin Heemskerck, part of his series of the Seven Wonders of the World. The Colossus of Rhodes was a colossus of the Greek god Helios, erected on the Greek island of Rhodes by Chares of Lindos between 292 and 280 BC. It is measured one of the Seven Wonders of the Ancient World. Before its destruction, the Colossus of Rhodes stood over 30 meters (107 ft) high, making it one of the tallest statues of the ancient world.

Monday, May 19, 2008

Festival

A festival is an event, normally staged by a local community, which centers on some private portion of that society.

Among numerous religions, a feast or festival is a place of celebrations in honor of God or gods. A feast and a festival are by tradition identical. On the other hand, the term "feast" has also entered regular worldly wise idiom as a synonym for every large or thorough meal. When used as in the meaning of a festival, most frequently refers to a religious festival fairly than a film or the art festival.

There are numerous types of festivals in the world. Although numerous have religious origins, others occupy recurring alteration or have some cultural impact. Also certain institutions party their own festival to stain some essential occasions in their history. These occasions might be the day these institutions were founded or any other event which they fix on to celebrate occasionally, usually annually.

Festivals, of numerous types, supply to meet specific social needs and duties, with to provide entertainment. These times of celebration propose a sense of belonging for religious, social, or geographical groups. Modern festivals that focus on cultural appear for to let know members of their traditions. In long-ago times, festivals were times when the aged shared stories and transferred some information to the next generation. Historic feasts regularly provided a way for unity among families and for people to find mates. Choose anniversaries have yearly festivals to honor previous important occurrences.

Tuesday, May 13, 2008

Electrostatic Printing Process

Electrostatic printing is a printing technique done without any plate, ink or type form. The paper is covered with a thin layer of zinc oxide, making it an insulator in the dark and simultaneously a conductor of electricity when bare to light.

These machines are used for printing of geographic maps with the advancement in technology and higher speed; the machines are also being used to print small books. Electrostatic printers are used for short run printing as they are faster and also done not cost much.

Tuesday, May 06, 2008

Yield curve

In finance, the yield curve is the relation between the interest rate and cost of borrowing and the time to maturity of the debt for a given borrower in a given currency. For example, the current U.S. dollar interest rates paid on U.S. Treasury securities for various maturities are closely watched by many traders, and are normally plotted on a graph such as the one on the right which is informally called "the yield curve." More formal mathematical descriptions of this relation are often called the term arrangement of interest rates.

The yield of a debt instrument is the annualized percentage increase in the worth of the investment. For instance, a bank account that pays an interest rate of 4% per year has a 4% yield. In general the percentage per year that can be earned is dependent on the length of time that the money is invested. For example, a bank may offer a "savings rate" higher than the normal checking account rate if the customer is prepared to leave money unharmed for five years. Investing for a period of time t gives a yield Y (t).

This function Y is called the yield curve, and it is often, but not always, an increasing function of t. Yield curves are used by fixed income analysts, who analyze bonds and connected securities, to understand conditions in financial markets and to seek trading opportunities. Economists make use of curves to understand economic conditions.