Examlex
Single-tenancy in the cloud means that a single instance of a system serves multiple customers. In the cloud, each customer is called a tenant and multiple tenants can access the same system.
Coupon Rate
The annual interest rate paid by a bond relative to its face value, expressed as a percentage.
Duration-based Immunization
A strategy used in portfolio management to minimize the risk of interest rate fluctuations by matching the duration of assets and liabilities.
Rebalanced
The process of realigning the weightings of a portfolio of assets to maintain an original or desired level of asset allocation or risk.
Modified Duration
A measure of the price sensitivity of a bond or other debt instrument to an interest rate change, factoring in the changing cash flow timings.
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