A stock market, equity market or share market is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange as well as those only traded ...
Redundancy is a system design in which a component is duplicated so if it fails there will be a backup. Redundancy has a negative connotation when the duplication is unnecessary or is simply the result of poor planning.
Redundant subsystem B. In engineering, redundancy is the duplication of critical components or functions of a system with the intention of increasing reliability of the system, usually in the form of a backup or fail-safe, or to improve actual system performance, such as in the case of GNSS receivers, or multi-threaded computer processing.