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. | (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. | It can be used as a measure of credit risk. | ||
Revision as of 09:47, 14 August 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.
