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.
One of the many frequently used pieces of Wall Street jargon tossed out at investors by the financial press is the term basis points. This term is most often bandied about when discussing financial ratios or changes in interest rates. What is a basis point? Put simply, a basis point is equal to one-hundredth of one percentage point, or 0.01%. Writers use the terminology because it is precise when dealing with small absolute figures. Plus, high-minded terminology makes them sound like cool, seasoned industry insiders.