How Often Santa Barbara Has Cold Temperatures. Cold weather is almost unheard of in Santa Barbara. Normally every day warms up to at least 50 degrees F. Only about nine nights a year cool down to 40 Â°F or less.
Catastrophe definition, a sudden and widespread disaster: the catastrophe of war. See more.
Catastrophe Bonds. Catastrophe bonds are a new species of sovereign debt that act like debt securities until such time as a natural disaster strikes, then they essentially morph into casualty insurance policies that, in effect, pay the issuer. More.