In Ring Topology, all the nodes are connected to each-other in such a way that they make a closed loop. Each workstation is connected to two other components on either side, and it communicates with these two adjacent neighbors. Data travels around the network, in one direction.
What are 'Basis Point (BPS)'. Basis point (BPS) refer to a common unit of measure for interest rates and other percentages in finance. One basis point is equal to 1/100th of 1%, or 0.01% (0.0001), and is used to denote the percentage change in a financial instrument. The relationship between percentage changes and basis points can be summarized as follows: 1% change = 100 basis points, and 0.01% = 1 basis point. Next Up.
A point is a fee equal to 1 percent of the loan amount. A 30-year, $150,000 mortgage might have a rate of 7 percent but come with a charge of 1 point, or $1,500. A lender can charge 1, 2 or more points. There are two kinds of points: discount points and origination points. Discount points: These are actually prepaid interest on the mortgage loan. The more points you pay, the lower the interest rate on the loan and vice versa. Borrowers typically can pay anywhere from zero to 3 or 4 points, depending on how much they want to lower their rates. This kind of point is tax-deductible. 1  Share this story. 2  LinkedIn. 3  Delicious.