The diagram below represents two photographs of the Moon, A and B, taken at full moon phase several months apart. The photographs. were taken using the same magnification. Each photograph was cut. in half and the halves placed next to each other. A) The phases of the Moon changed. B) The Moon expanded.
The Basel accords are a series of recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision (BSBS). The name for the accords is derived from Basel, Switzerland, where the committee that maintains the accords meets.
Structured finance. Structured finance is a sector of finance that was created to help transfer risk using complex legal and corporate entities.