Examlex
Windows uses ____ to make every user, computer, and resource on a network unique.
Duration
A financial metric that calculates the weighted average time until a bond or a portfolio of bonds pays out its cash flows, used to assess interest rate risk.
Effective Maturity
The average time until a bond is repaid, considering possible calls or prepayments, which might alter the time frame for return on investment.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set, often used in financial analyses to find an average value wherein each data point can carry a different weight.
Convexity
A measure of the curvature in the relationship between bond prices and yield, indicating how the duration of a bond changes as interest rates change.
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