Grid Computing

question 5

Multiple Choice

Grid computing

• A) Runs an application on one server.
• B) Is ideal for transaction processing systems.
• C) Divides the processing of an application among servers.
• D) Does not require any special software.
• E) Is difficult to scale up.

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Definitions:

Senior Debt

Debt that takes precedence over other unsecured or junior debt owed by the issuer in terms of the order of payment in the event of a liquidation.

Junk Bond

A high-yield but high-risk bond issued by companies or municipalities considered to be at greater risk of default than more secure investment-grade bonds.

Interest Rate

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

Convertible Debt

A type of bond or loan that can be converted into a predetermined amount of the company's equity at certain times during its life, usually at the discretion of the bondholder.