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The value of these securities is based on the future cash flow they provide to investors.
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The asset-backed securities were based on the overly optimistic figures, which improperly inflated the true collateral behind them, the investors say.
But unlike common stocks, whose ownership has traditionally been hidden, mortgage-backed securities are based on loans whose details were long available in public land records kept by county clerks, who collect fees for each filing.
Security is based on the decisional version of the now classic Bilinear Diffie-Hellman assumption.
The multilevel security is based on assigned keys to different nodes at different levels.
The encryption security is based on the extreme instability of the encoding procedure.
The yield on a commercial mortgage security is based on the rent or revenue collected on the underlying properties.
"Cryptographic security is based on conjectures that are unproved and seemingly very difficult to resolve," Cohn went on.
Security is based on two complexity assumptions in bilinear groups: the recently proposed Strong Diffie-Hellman (SDH) assumption, and a new assumption called the Decision Linear assumption.
Grid security is based on public key infrastructure (PKI), an architecture that offers strong security for inter-institutional projects, making it ideal for computational grids.
Wright's sense of security is based on the knowledge that Radio 3 exists not to deliver the BBC a good news story in the quarterly audience Rajar figures but to underpin the cultural heritage of the nation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com