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  2. Psychological pricing - Wikipedia

    en.wikipedia.org/wiki/Psychological_pricing

    A recent trend in some monetary systems as inflation gradually reduces the value of money is to eliminate the smallest denomination coin (typically 0.01 of the local currency). The total cost of purchased items is then rounded up or down to, for example, the nearest 0.05. This may have an effect on future just-below pricing, especially at small ...

  3. Portugal - Wikipedia

    en.wikipedia.org/wiki/Portugal

    Portugal, [e] officially the Portuguese Republic, [f] is a country in the Iberian Peninsula in Southwestern Europe.Featuring the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it shares the longest uninterrupted border in the European Union; to the south and the west is the North Atlantic Ocean; and to the west and southwest lie the ...

  4. Xprize Foundation - Wikipedia

    en.wikipedia.org/wiki/Xprize_Foundation

    Astronaut Mike Melvill after his award-winning September 29, 2004 spaceflight. The Ansari XPRIZE for Suborbital Spaceflight was the first prize from the foundation. It successfully challenged teams to build private spaceships capable of carrying three people and fly two times within two weeks to open the space frontier.

  5. Duration (finance) - Wikipedia

    en.wikipedia.org/wiki/Duration_(finance)

    For a standard bond, the Macaulay duration will be between 0 and the maturity of the bond. It is equal to the maturity if and only if the bond is a zero-coupon bond . Modified duration, on the other hand, is a mathematical derivative (rate of change) of price and measures the percentage rate of change of price with respect to yield.

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