Bootstrap

Bootstrap

A loop at the back of a boot, used to pull it on. The technique of getting into or out of a situation using existing resources.

Bootstrapping is a method for constructing a zero-coupon fixed-income yield curve from the prices of a set of coupon-bearing products by forward substitution. [1]

From the notion of the first .. pulling itself, and the rest, up by the bootstraps. Boot up. [2]

Sumflow 19:23, October 22, 2010 (PDT)

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