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Exclusive economic zones (EEZs) of the North Sea. The North Sea coast of Germany is concave, but those of the Netherlands and Denmark are convex. If the delimitation had been determined by the equidistance rule ("drawing a line each point of which is equally distant from each shore"), Germany would have received a smaller portion of the resource-rich shelf relative to the two other states.
The concept of the stochastic discount factor (SDF) is used in financial economics and mathematical finance.The name derives from the price of an asset being computable by "discounting" the future cash flow ~ by the stochastic factor ~, and then taking the expectation. [1]
The World Geodetic System (WGS) is a standard used in cartography, geodesy, and satellite navigation including GPS.The current version, WGS 84, defines an Earth-centered, Earth-fixed coordinate system and a geodetic datum, and also describes the associated Earth Gravitational Model (EGM) and World Magnetic Model (WMM).
The equidistance principle, or principle of equidistance, is a legal concept in maritime boundary claims that a nation's maritime boundaries should conform to a median line that is equidistant from the shores of neighboring nations.
In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. [1]
The Topkapı Palace where the map was discovered, viewed from the Bosporus. Much of Piri Reis's biography is known only from his cartographic works, including his two world maps and the Kitab-ı Bahriye (Book of Maritime Matters) [6] completed in 1521. [7]
Maritime transport (or ocean transport) or more generally waterborne transport, is the transport of people or goods via waterways. Freight transport by sea has been widely used throughout recorded history.
Ambalat is a sea block in the Celebes sea located off the east coast of Borneo.It lies to the south-east of the Malaysian state of Sabah and to the east of the Indonesian province of North Kalimantan, and it is the subject of a territorial dispute between the two nations.