Software as a Service (SaaS) Refers to the Use of Computing

question 31

True/False

Software as a Service (SaaS) refers to the use of computing resources, including software and data storage, on the Internet rather than local computers.

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Definitions:

Callable Bond

A type of bond that gives the issuer the right to pay off the debt before its maturity date under certain conditions, often at a defined call price.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage.

Convertible Bond

a type of bond that can be converted into a predetermined amount of the issuer's equity, typically common stock, at certain times during its life, usually at the discretion of the bondholder.

Stock Value

The market value of a company's shares, determined by supply and demand in the stock market.