Examlex
An operating system is responsible for validating certificates used to secure communication. For Windows, Microsoft maintains a database of trusted root certificates issued by Certificate Authorities (CAs) . A root certificate is the original certificate issued by the CA. When a Windows system opens a secure email or visits a secure website and encounters a new digital certificate, it requests Microsoft's trusted root certificate, which is downloaded to the computer. The download happens seamlessly without the user's knowledge unless there's a problem. If Windows cannot obtain the root certificate to validate the email or website, an error is displayed.
Where do you go in the Windows operating system to view and delete root certificates?
Asset Securitizations
The financial process of pooling various types of debt instruments (e.g., loans, bonds) and selling them as consolidated financial securities to investors.
Credit Derivatives
Financial instruments that allow parties to manage exposure to credit risk, through vehicles such as credit default swaps (CDS).
CDOs
Collateralized Debt Obligations are complex financial instruments that pool together various cash flow-generating assets and repackages this asset pool into discrete tranches that can be sold to investors.
Credit Crisis
A financial situation characterized by a severe shortage of credit or loans, often resulting in widespread financial and economic instability.
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