Bootstrap


Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.

Bootstrap

Term used to describe the start-up of a company with very little capital.

Bootstrap

1. To start a company with personal finances rather than through loans or venture capital. This is obviously a large risk to the entrepreneur as he/she has no recourse should the business fail. On the other hand, it allows the entrepreneur to maintain control of the business and has the potential to be very successful. It is famously said that Ross Perot established Electronic Data Systems with $1,000 in personal savings; he maintained complete control of the company until its IPO six years later. This is an example of bootstrapping. See also: Seed money.

2. To calculate the yield curve on a zero-coupon Treasury bill. Because the U.S. Treasury does not issue new T-bills constantly, bootstrapping is used to create a yield curve by filling in the missing yields on the T-bills.

bootstrap

To assist a new business in getting off the ground.
References in periodicals archive ?
On the bootstrap confidence intervals of the process incapability index Cpp, Reliahility Engineering and System Safety 91: 452-459.
One type of 95 % CI was computed using the definition of quantile; another type of 95 % CI was calculated if the distribution of bootstrap replications of the statistic was assumed to be normal.
In the paragraphs that follow, we describe Akaike's information criterion (AIC; Akaike 1973) and outline the bootstrap (BOOT) method used by Martin and Roberts (2006) and our extension that refines this method.
Bootstrap confidence intervals for percentiles of reliability of modern engineered wood.
Ease, availability, and other owner considerations determine whether bootstrap or more traditional sources of capital are acquired.
The paper also considers whether there was a change in bootstrap efficiency scores of Indian banks during the three periods: pre-GFC, during the GFC and post GFC.
As correlacoes fenotipicas entre pares de caracteristicas em oito populacoes e suas significancias pelos testes de t e bootstrap sao apresentadas na Tabela 1.
Fortunately, the bootstrap model allows the actuary to measure this correlation and incorporate its effects, which can be quite significant, into the aggregate risk profile of the firm.
To avoid temporal autocorrelation, we use a non-overlapping bootstrap approach that blocks our data along temporal (month) and spatial (census tract) dimensions.
The above positioning statement is supported by the recent observations of other scholars such as Van Auken, (2005) who observed: "Although bootstrap financing commonly is used and is an important source of capital, few.
In this article, we use the bootstrap technique to obtain prediction errors for different claim-reserving methods, namely, the chain ladder technique and methods based on generalized linear models.
What seems a bother and a cost now is actually a major opportunity to bootstrap our institutions into the 21st century.