Examlex
What police department has served as the model for field training programs since the 1970s?
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, usually expressed in years.
Bond Duration
A measure of the sensitivity of a bond's price to changes in interest rates, expressed in years.
Time To Maturity
The remaining duration until the expiration date of a financial instrument, when its principal is due to be paid to holders.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the bond's face value, and paid to bondholders at specified intervals until maturity.
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