Weighted Average Life: Difference between revisions
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imported>Doug Williamson m (Spacing 14/8/13) |
imported>Doug Williamson (Layout.) |
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It can be used as a measure of credit risk. | It can be used as a measure of credit risk. | ||
== See also == | == See also == | ||
* [[Weighted average maturity]] | * [[Weighted average maturity]] | ||
Revision as of 14:39, 13 May 2016
(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.
