See Also: Negative duration(finance)
Negative duration(money)
duration(dictionary)
Duration(finance)
duration(dictionary)
Duration(money)
Duration(medicine)
Constant duration(finance)
Duration drift(money)
Effective duration(money)
already (iou) and Negative duration (money)
already (iou)
already adjective & adverb. ME.
[from ALL adverb + READY adjective.]
A. adjective (pred. & compl.). Fully prepared. ME-E16.
b. adverb.
Beforehand, in anticipation; before this or that time; as early as this or that. ME.
G. Orwell The best books..are those that tell you what you know already. G. Greene He didn't even hear what I said: he was absorbed already.
In speech infl. by Yiddish, used at the end of a phrase or sentence as an intensive, to express impatience, etc. N. Amer. E20.
M. Shulman 'This story has helped a great many people, and I hope it will help you.' 'So tell it already'.
Negative duration (money)
Definition: [crh] Occurs when the price of an MBS moves in the same direction as interest rates.
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