Common Economical Library Terminology

Please see economic terminologies and library of definitions: As you can see, there are many terms and concepts used in finance and economics, and this list is not exhaustive. The concepts and terms in finance and economics are very interrelated, and understanding one can help you understand the other. If you have any specific question… Read More

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Common Logistics Terminology

Here is a list of standard logistics terminology and their definitions: This list of logistics terminology is not exhaustive and new technologies and trends in the industry continue to bring new terms and concepts to the forefront. However, I hope that this list provides a comprehensive overview of the most common and important logistics terminology.… Read More

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LSP – Label-Switched Path

Label-Switched Path (LSP) is a technology that enables network operators to provide high-performance, secure and reliable connectivity across their networks. It is one of the core components of MPLS networking, which provides an efficient way for routers to forward traffic between different locations. With LSPs, network administrators can create virtual private networks (VPNs), control bandwidth… Read More

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LLC – Logical Link Control

Creating a Logical Link Control (LLC) is an essential part of any network infrastructure. It provides networks with the ability to exchange data between different nodes and helps maintain reliable connections. LLCs are used in many networking protocols, including Ethernet, Token Ring, and Fiber Distributed Data Interface (FDDI). An LLC works by providing a connection-oriented… Read More

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