Can anyone explain the concept of duration in simple terms

duration

dj`rєʃən; djj-;dju r i n] derives from the Latin meaning "to continue".

Noun. the duration of [existence]; Duration.

of long [short] ~

Long-term [short-term].

for the ~ of

In) ....period.

for a of ten minutes for ten minutes, ten minutes (medium).

of flight

aviation's endurance.

for the duration

1) During the period during which something [state of affairs] continues.

2) During the period when the war was not over.

The earliest definition of duration was proposed by Macaulay, which is the average maturity period of cash flows weighted by cash flow constraints. Therefore, the duration of a zero-coupon bond is the maturity time of the bond. In the case of coupon bonds, the higher the coupon rate, the shorter the duration because the relative proportion of the principal to maturity decreases, and the average time to maturity decreases.

Modified duration is an extension of Macaulay duration and is Macaulay duration (1+y) (assuming annual interest payments) and is primarily used to measure the impact of small changes in interest rates on bonds**. In the sense of numerical analysis, the modified duration is an approximation by a linear method, which is Taylor's first-order approximation. Therefore, estimating a bond with duration** is only suitable for small changes in interest rates.

duration英 [dju re n] 美 [du re n]nDuration, duration, duration; (temporal) continuous, persistent, continuous; [Phonetics] sound length, sound delay;

Example sentence] the storm was of short duration

The storm lasted for a short time.

Other] plural: durations Form approximation: abration foration aeration

duration | cet6 | cet4 | gre | toefl

英 [dju re n] 美 [du re n].

n.Duration, duration, duration; (temporal) continuous, persistent, continuous; [Phonetics] sound length, sound delay;

duration

English] [dju re n] [american] [du re n]nDuration, duration, duration; (temporal) continuous, persistent, continuous; [Phonetics] sound length, sound delay;

Plural: durations

n.Duration, duration, duration; (temporal) continuous, persistent, continuous; [Phonetics] sound length, sound delay;

duration

In economic terms, it refers to the cash flow that occurs in the future, discounted to the present value according to the current rate of return.

Dictionary explains noun n

1.(time) continuous, persistent; Duration [u].

for the duration of the war

Throughout the war.

the duration of the examination is three hours.

The duration of the exam is three hours.

duration

1.Width, duration.

Wind Power English Vocabulary (a |English lover duration, width, duration.

2.Time value.

**Vocabulary (English-Chinese) - English Vocabulary - Red. duration.

3.Duralumin, dura aluminum.

Optoelectronic English Vocabulary (D2) - Communication Electronics - Vocabulary Center -..duration duralumin, dura aluminum.

4.Duration.

In economic terms, it refers to the cash flow that occurs in the future, discounted to the present value according to the current yield, and then the present value of each transaction is multiplied by the number of years from the maturity date of the bond, and then this sum is divided by the current ** value of the bond.

English [dju'reɪʃn]

Beauty [du'reɪʃn]

n.Duration; Duration.

Used as a noun (n..))

the duration of the movie is 110 minutes.

The duration of the film is 110 minutes.

he finished the work of three years' duration.

It took him three years to complete the job.

the duration of marriage is related most obviously to the expectation of life.

It is evident that the duration of married life is related to the life expectancy of a person.

well, i'm stuck here for the duration.

Hey, I'm just going to have to stay here all this time.

let's hope the gunmen will hold off for the duration of the cease-fire.

Hopefully, the gunmen will be able to restrain their movements during the ceasefire.