Weighted Average Life: Difference between revisions
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(WAL). Weighted Average Life as applied to portfolios of investments or a single investment, in particular money market funds, is the weighted average of the times when principal is repaid. It can be used as a measure of credit risk. | (WAL). Weighted Average Life as applied to portfolios of investments or a single investment, in particular money market funds, is the weighted average of the times when principal is repaid. | ||
It can be used as a measure of credit risk. | |||
== See also == | == See also == | ||
* [[Weighted Average Maturity]] | * [[Weighted Average Maturity]] | ||
Revision as of 09:09, 9 June 2013
(WAL). Weighted Average Life as applied to portfolios of investments or a single investment, in particular money market funds, is the weighted average of the times when principal is repaid.
It can be used as a measure of credit risk.
