modified duration

English - English

Definition of modified duration in English English dictionary

(Finans) A formula that expresses the measurable change in the value of a security in response to a change in interest rates

Hyphenation

mo·di·fied du·ra·tion

Turkish pronunciation

mädıfayd dûreyşın

Pronunciation

/ˈmädəˌfīd ˈdo͝oˈrāsʜən/ /ˈmɑːdəˌfaɪd ˈdʊˈreɪʃən/