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imported>Doug Williamson |
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| ''Investment.''
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| The investment horizon is the length of time for which an investor plans to hold an investment. | | The most junior digit in a foreign currency quotation. |
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| Depending on their different investment horizons, different investors may regard the same investment asset as having different levels of risk in the context of their differing investment strategies.
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| :<span style="color:#4B0082">'''''Term premia: models and some stylised facts'''''</span>
| | More generally, a minimum price movement for any quoted instrument or asset. |
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| :"... long-term interest rates can be broken out into a part that reflects the expected path of short-term interest rates and a term premium.
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| :... the latter part represents the compensation, or risk premium, that risk-averse investors demand for holding long-term bonds.
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| :This compensation arises because the return earned over the short term from holding a long-term bond is risky, whereas it is certain in the short term for a bond that matures over the same short investment horizon.
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| :While some types of investor, such as pension funds, may consider long-term bonds less risky given their long-term liabilities, most other investors would tend to view them as more risky."
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| :''Bank for International Settlements, Quarterly Review, September 2018.''
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| == See also == | | == See also == |
| * [[Bank for International Settlements]] | | * [[Basis point]] |
| * [[Bond]]
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| * [[Day trading]]
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| * [[High frequency trading]]
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| * [[Holding period return]]
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| * [[Holding period yield]]
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| * [[Horizon scanning]]
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| * [[Liquidity Fund]]
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| * [[Investment]]
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| * [[Pension fund]]
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| * [[Premium]]
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| * [[Return]]
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| * [[Rising yield curve]]
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| * [[Term premium]]
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| * [[Ultra short duration bond fund]]
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| * [[Yield]]
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| * [[Yield curve]]
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| [[Category:The_business_context]]
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Revision as of 13:30, 21 August 2013
1.
The most junior digit in a foreign currency quotation.
2.
More generally, a minimum price movement for any quoted instrument or asset.
See also
