Voir iotafinance en FrançaisYou are viewing the English version of iotafinance.comIotafinance auf Deutsch sehen
Icon for the finance glossary section

Macaulay duration - Financial definition

icon of the financial acronyms app for iOS

Financial acronyms

The entire acronym collection of this site is now also available offline with this new app for iPhone and iPad.

Tags: 
Translations:      FR  duration (n.f.) , duration de Macaulay (n.f.)     ES  duración (n.f.) , duración de Macaulay (n.f.)     DE  Duration (n.f.) , Macaulay-Duration (n.f.) 

  Concise definition of the term Macaulay duration

Macaulay duration is the weighted average life of a bond. The greater it is, the greater is the sensitivity of the bond price to changes in interest rates.

 Additional information related to this definition

Definitions of related terms

Bond  •  Duration  •  Interest rate

 Browse the financial glossary in alpabetical order