weighted average maturity date

weighted average maturity date definition - finance
An average of the maturity dates of a port-folioÂ’s securities, weighted by the dollar amount that is invested in each maturity. The weighted average maturity date is calculated based on the weighted average maturity of the portfolioÂ’s investments on a given day. See weighted average maturity.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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