Glossary

Hotels

• Occupancy rate- It is the percentage of all rental units (as in hotels) are occupied or rented at a given time
• Average Daily Rate -ADR is one of the commonly used financial indicators in hotel industry to measure how well a hotel performs compared to its competitors and itself .

Telecom

• CDMA (1) – Basic Idea: An analogy to the problem of multiple access is a room (channel) in which people wish to communicate with each other. To avoid confusion, people could take turns speaking (time division), speak at different pitches (frequency division), or speak in different languages (code division).
• CDMA (2) – Code Division Multiple Access (CDMA) is a "spread spectrum" technology, allowing many users to occupy the same time and frequency allocations in a given band/space.  CDMA assigns unique codes to each communication to differentiate it from others in the same spectrum.
• TDM: Time-Division Multiplexing  ( TDM ) is a type of digital or analog multiplexing in which two or more signals or bit streams are transferred apparently simultaneously as sub-channels in one communication channel, but are physically taking turns on the channel. The GSM telephone system is an application examples of TDM.
• GSM (1) – GSM uses narrowband TDMA, which allows eight simultaneous calls on the same radio frequency. GSM digitizes and compresses data, then sends it down a channel with two other streams of user data, each in its own time slot. It operates at either the 900 MHz or 1,800 MHz frequency band.
• GSM (2) – GSM is the most popular standard for mobile phones in the world. GSM also pioneered a low-cost (to the network carrier) alternative to voice calls, the Short message service which is now supported on other mobile standards as well.

(Source: IIFL)

What is LIBOR?

LIBOR stands for the London Inter Bank Offered Rate. This is a very popular benchmark and is issued for US Dollar, GB Pound, Euro, Swiss Franc, Canadian Dollar and the Japanese Yen. The British Bankers Association (BBA) asks 16 banks to contribute the LIBOR for each maturity and for each currency. The BBA weeds out the best four and the worst 4, calculates the average of the remaining 8 and the value is published as LIBOR.

(Source: myiris)