See Also: Board certified(health)
Tight money or dear money(finance)
modified sit-ups(medicine)
Modified duration(finance)
Modified duration(money)
modified milk(medicine)
genetically modified(dictionary)
certified(dictionary)
Certified(money)
modified radical mastectomy(medicine)

Modified duration (money) and Board certified (health)


Modified duration (money)


Definition: [crh] The ratio of Macaulay duration to (1 + y), where y = the bond yield. Modified duration is inversely relatedDefinition: to the approximate percentage change in price for a given change in yield.







Board certified (health)


Board certified in medicine means a physician has taken and passed a medical specialty examination.