duration noun

duration  While Effective Duration is a more complete measure of a bond's sensitivity to interest rate movements versus the Macauley or Modified Duration The values in a duration array represent elapsed times in units of fixed length, such as hours, minutes, and seconds

DURATION meaning: 1 : the length of time that something exists or lasts; 2 : until the end of something often + of  Duration may refer to: The amount of time elapsed between two events; Duration

The duration is the difference in time between the start time and the end time of an operation minus non-working times  What is the Macauley duration? Macaulay duration helps investors find the present value of a bond's future coupon payments and value at maturity