Dollar Duration

Business / Finance / Dollar Duration: The impact of importing from foreign countries more than exporting to them. The money required to finance the import purchases removes dollars from the importing nation.

Macaulay Duration

Business / Finance / Macaulay Duration: The weighted-average term to maturity of the cash flows from a bond, where the weights are the present value of the cash flow divided by the price. MORE

Maximum Benefit Period (Benefit Duration)

Health / Dentistry / Maximum Benefit Period (Benefit Duration): This is the maximum length of time for which benefits are payable under the plan as long as the employee remains continuously disabled. MORE

Maximum Dollar Limit

Health / Health Insurance / Maximum Dollar Limit: The maximum amount of money that an insurance company (or self-insured company) will pay for claims within a specific time period. Maximum dollar limits vary greatly. They may be based on or specified MORE

Modified Duration

Business / Finance / Modified Duration: The ratio of Macaulay duration to (1 + y), where y = the bond yield. Modified duration is inversely related to the approximate percentage change in price for a given change in yield. MORE

Intermediate Duration Exposure

Health / Disease / Intermediate Duration Exposure: Contact with a substance that occurs for more than 14 days and less than a year [compare with acute exposure and chronic exposure]. MORE

Hard Dollars

Business / Finance / Hard Dollars: A freely convertible currency that is not expected to depreciate in value in the foreseeable future. MORE

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