InvestorWords.com

dollar duration


Definition
The change in the U.S. dollar value of a fixed income investment for every 1% change in its yield. It is calculated as the product of a fixed-income investment's duration and the market value of that investment.


Related Videos




Search for another term


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z