Discuss Three Applications Appropriate for an Object-Oriented Database

question 63

Essay

Discuss three applications appropriate for an object-oriented database.

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Definitions:

Time Deposit

A bank deposit with a fixed term or maturity date, often yielding higher interest rates than savings accounts.

Commercial Bank

A financial institution that offers a range of banking services to individuals and businesses, including deposits, lending, and other financial products.

Financial System

Process by which money flows from savers to users.

Municipal Bonds

Bonds issued by state and local governments.