calculated average life
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Average Life — An estimate of the number of terms to maturity, taking the possibility of early payments into account. Average life is calculated using the weighted average time to the receipt of all future cash flows. This is often used in sinking funds … Investment dictionary
Weighted-Average Life — The Weighted Average Life (WAL) of an amortizing loan or amortizing bond, also called average life, [ [http://www.pimco.com/LeftNav/BondResources/Glossary/ PIMCO glossary] ] is the weighted average of the times of the principal repayments : it s… … Wikipedia
average life — A somewhat artificial measure sometimes used to compare bonds of different duration and different repayment schedules. It is calculated as the average of the periods for which funds are available, weighted by the amounts available in each of… … Accounting dictionary
average life — A somewhat artificial measure sometimes used to compare bonds of different duration and different repayment schedules. It is calculated as the average of the periods for which funds are available, weighted by the amounts available in each of… … Big dictionary of business and management
Weighted Average Life - WAL — The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, WAL tells how many years it will take to pay half of the outstanding principal. The time weightings are based on the … Investment dictionary
life expectancy — life ex·pec·tan·cy n: the average life span of an individual Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. life expectancy n. The number of y … Law dictionary
Life expectancy — This article is about the measure of remaining life. For the Dean Koontz novel, see Life Expectancy (novel). For List of countries by life expectancy, see List of countries by life expectancy. Life expectancy is the expected (in the statistical… … Wikipedia
Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… … Wikipedia
Life Sciences — ▪ 2009 Introduction Zoology In 2008 several zoological studies provided new insights into how species life history traits (such as the timing of reproduction or the length of life of adult individuals) are derived in part as responses to… … Universalium
Life peer — Peerage The peerage assemb … Wikipedia
Average Strike Option — A type of Asian option in which the strike price is based on an average of the spot rate over a period of time. The dates used to calculate the average strike price cover the life of the option, and are referred to as the fixings . When the… … Investment dictionary
