: Home : Jargon Buster : M : Macaulay Duration
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Previous
Macaulay Duration
The weighted-average term to maturity of the cash flows from a bond, where the weights are the present value of the cash flow divided by the price.
Submitted by: admin
Added: Tue May 30 2006
