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.
Dictionary of Financial Terms. A basis point is a hundredth of a percentage point, or 0.01% -- a key concept in discussing bond yields. The term is used mainly when quantifying changes in yields, or the difference in yield between two bonds. For example, say that a bond's price drops, causing its yield to rise from 6% to 6.10%. One would say its yield rose by 10 basis points. Another example: Say one bond has a yield of 6.5% and another has a yield of 6.75%. The difference can be expressed as 25 basis points.