Meaning AVERAGE LIFE: Also referred to as the weighted-average life (WAL). The average number of years that each dollar of unpaid principal due on the mortgage remains outstanding. Average life is computed as the weighted-average time to the receipt of all future cash flows, using as the weights the dollar amounts of the principal paydowns
More terms such as Average life in Dictionary A.
- Definition Asian Currency Units (ACU):
- Examples Dollar deposits held in Singapore or other Asian centers average life definition.
- Definition Asset Allocation Decision:
- Examples The decision regarding how an institution's funds should be distributed among the major classes of assets in which it may invest average life explain.
- Definition AMTEL:
- Examples Used in context of general equities. In-house message system entered and displayed through Quotron A page average life what is.
- Definition Accounts Payable:
- Examples Money owed to suppliers average life meaning.
- Definition Away From Us:
- Examples Used in context of general equities, to characterize role of a competing broker/dealer. Trading away from us signifies that stock is bought and/or sold with institutions using other trading firms average life abbreviation.
