(measure duration)
11Duration — A common gauge of the price sensitivity of an asset or portfolio to a change in interest rates. The New York Times Financial Glossary * * * duration du‧ra‧tion [djʊˈreɪʆn ǁ dʊ ] noun [singular, uncountable] the length of time that something… …
12measure — I (New American Roget s College Thesaurus) n. quantity, extent; gauge; standard; amount, allot ment; [legislative] bill; step, course. See measurement, apportionment, degree, rule. II (Roget s IV) n. 1. [A unit of measurement] Syn. dimension,… …
13duration driver — A measure of the amount of time required to perform an activity when this is a significant cost driver. Duration drivers provide a more accurate basis for allocating costs than the number of transactions when there is a significant variation in… …
14duration driver — A measure of the amount of time required to perform an activity when this is a significant cost driver Duration drivers provide a more accurate basis for allocating costs than the number of transactions when there is a significant variation in… …
15Duration — A measure of the sensitivity of the price (the value of principal) of a fixed income investment to a change in interest rates. Duration is expressed as a number of years. Rising interest rates mean falling bond prices, while declining interest… …
16Bond duration — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …
17modified duration — Macaulay duration adjusted for compounding. The figure for Macaulay duration is divided by the sum of one plus the rate divided by the number of compounding periods per year. A more accurate measure of the weighted average time remaining until… …
18Macaulay Duration — The weighted average term to maturity of the cash flows from a bond. The weight of each cash flow is determined by dividing the present value of the cash flow by the price, and is a measure of bond price volatility with respect to interest rates …
19key rate duration — A measure of duration that calculates effective or empirical duration by changing the market rate for one specific maturity point on the yield curve while holding all other variables constant. May be done as part of a series of calculations that… …
20Load duration curve — A load duration curve (LDC) is used in electric power generation to illustrate the relationship between generating capacity requirements and capacity utilization.A LDC is similar to a load curve but the demand data is ordered in descendingorder… …
