Acting in response to events. Forward chaining is one kind of event-driven processing, where G2 invokes certain rules after detecting new knowledge.
Testing event-driven processes, such as unpredictable sequences of interrupts from input devices or sensors, or sequences of mouse clicks in a GUI environment. F - G
Investment strategy in hedge funds. Event-driven strategies profit from specific events (e.g. corporate takeovers, financial or operational restructuring programmes) either caused by the hedge fund managers themselves or to which the managers react after they have occurred.
A term used to describe a programming model. Unlike applications written in a procedural style, an event-driven application consists of code that remains idle until called upon by an Object to response to an event.
A program is event-driven if method invocation may happen in response to events.
Strategies that focus on the actual or anticipated occurrence of an event such as a merger, corporate restructuring or bankruptcy. The key to the profitability of such investments is the ability to understand the likelihood of an event being completed as well as the time frame in which it will occur. The correlation to traditional markets is usually not particularly high. Typical strategies include, merger arbitrage, distressed securities arbitrage and most strategies which include the term "special situations". Fixed-I ncome Security A fixed-income security pays a fixed rate of return on a specific date. Bonds and preferred stocks are fixed-income securities.
Today's net-enabled applications must become more alive, responding to real-time actions and dealing with real-world constraints. Software that enables instant mass collaboration, cooperation, and planning will be a vital part of tomorrow's Web. See: the Event-Driven Economy (PDF)