average life
Definition 1
Average period before the principal of a debt security (bond, debenture, note) is scheduled to be repaid. It is used in comparing debt securities of different maturities and different repayment schedules. See also half life.
Definition 2
Alternative term for economic life.
Mentioned in these definitions
Popular 'Accounting & Auditing' Terms
average life in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/average-life.html
