Bit: Bit is short for 'binary' digit: it represents the smallest unit of data in digital systems: it can have a value of '1' or '0'. A group of 8-bits compose what is referred to as a byte.

 

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Bit: Bit is short for 'binary' digit: it represents the smallest unit of data in digital systems: it can have a value of '1' or '0'. A group of 8-bits compose what is referred to as a byte.

Arbitrageur: One who profits from the differences in price when the same, or extremely similar, security, currency, or commodity is traded on two or more markets. The Arbitrageur profits by simultaneousl . . . View Full Definition

Earnings Before Interest And Taxes (EBIT): A financial measure defined as revenues less cost of goods sold and selling, general, and administrative expenses. In other words, operating and nonoperating profit before the deduction of i . . . View Full Definition

Molecular Orbital: A wavefunction that describes the behavior of an electron in a molecule. Molecular orbitals are usually spread across many atoms in the molecule, and they are often described as a combinatio . . . View Full Definition

Arbitrage Pricing Theory (APT): An alternative model to the capital asset pricing model developed by Stephen Ross and based purely on arbitrage arguments. The APT implies that there are multiple risk factors that need to b . . . View Full Definition

Bitter: A basic taste characterized by solution of quinine, caffeine, and certain other alkaloids. Perceived primarily at the back of the tongue. Generally normal characteristics of coffees connecte . . . View Full Definition

Trilobites: A group of benthonic, detritus-feeding, extinct marine invertebrate animals (phylum Arthropoda), having skeletons of an organic compound called chitin. Trilobites appear in abundance early i . . . View Full Definition

Habitability: Fit for human habitation.

Eccentricity Of Orbit: Ratio of the distance from the center to the focus of an elliptical orbit to the length of the semi major axis. The eccentricity of orbit = %1 - (B / A)2: where A and B are respectively the . . . View Full Definition

F Orbital: An orbital with angular momentum quantum number ell = 2. The f orbitals generally have 3 nuclear nodes and rather complex shapes.