| InvestHub.com's Finance Dictionary and Glossary of Investment Terms duration Definition 1.
Definition 1 | Definition 2.
A common gauge of the price sensitivity of a fixed income asset or portfolio to a change in interest rates. | Definition 3.
The measure of the price sensitivity of a fixed-income security to an interest rate change of 100 basis points. Calculation is based on the weighted average of the present values for all cash flows. |
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