Weighted Average Life: Difference between revisions
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* [[Money market fund]] | * [[Money market fund]] | ||
* [[Weighted average maturity]] | * [[Weighted average maturity]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
Revision as of 06:51, 7 August 2019
(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.
