The gulf between those connected to the internet and those who are not.

A wireless phone system made for cordless phone use and not for cell phones. It has base stations ith 120 voice channels or 10 frequencies. The indoor range is 20-50 meters and

The old name for the Digital European Cordless Telecommunication.

1. the coded binary digits that identify a file. It detects tampering and acts as a digital fingerprint. It also blocks employees from getting to illicit materials online on the firm’s computer.

Digitized media that is accessed and red by computers.

A magnetic tape that can hold 35GB using longitudinal recording. It replaced the 4 MM tape that held 4GB.

The content digitized over the internet and compute networks.

A physical way of storing media or archiving it. It can hold data, graphics, audio, and video.

A digital radio transmission whose bandwidth is 33-38 GHz and can go up to 7 miles.

Paying through electronic means over the internet. Paypal is an example of this.

A computer network that imitates biological nervous systems that decifer impotant information, learn from experiences, adapts to changes in environment, and reacts to situations quickly while managing an organziation.

The copyright for digital content used online or over computerized networks. See, e.g., How to Get a Copyright: A Step-By-Step Guide

The act of reducing the proportion of ownership held by current investors through issuance of new shares of COMMON STOCK (or through the exercise of outstanding stock OPTIONS or the conversion of

The RISK of loss due to DEFAULT by a COUNTERPARTY on a direct extension of credit, such as a LOAN or DEPOSIT. Default on an unsecured direct credit risk transaction always results

A legal action where one or more shareholders sue DIRECTORS or executives directly, rather than through the CORPORATION, for breach of duties. See also DERIVATIVE LAWSUIT.

In INSURANCE, a loss where the covered PERIL is the PROXIMATE CAUSE of damage. PROPERTY AND CASUALTY INSURANCE policies often limit protection to direct loss rather than direct loss and CONSEQUENTIAL LOSS.

A LETTER OF CREDIT facility where a BANK automatically pays the BENEFICIARY an agreed amount and then seeks repayment from the underlying customer that has drawn the letter of credit; the beneficiary

The placement of a NEW ISSUE of securities by a company directly with an institutional investor, without the use of a financial intermediary. A direct placement, which can theoretically involve any type

A DIRECT PLACEMENT of COMMON STOCK that is offered by a company to investors, customers, and/or suppliers, without the use of an UNDERWRITER. Given the limited ability for companies to directly place

In GOVERNANCE, the parties most immediately and directly impacted by a company