Exact(2)
For example, if a bond has a duration of two years, its price would fall about 2% when interest rates rose one percentage point.
Only 24% of projects have a duration of two years or more, while 34% have a duration of between one and two years.
Similar(58)
The project started in October 2011, and will run for a duration of three years.
PISA was launched in September 2006 and is planned for a duration of four years.
The program is being sponsored by Abdul Latif Jameel Community Initiatives (ALJCI) via a significant grant over a duration of five years.
"When Heineken was invited by the N.I.H. to partially fund the N.I.A.A.A. trial for a duration of ten years, as part of our decision making process, the scientists presented the research project to us so we would have a sound understanding of the trial," Michael Fuchs, a company spokesman, said in an email.
A bond due in 2018 might have a duration of ten years.
A Treasury paying 4.5% and due in ten years has a duration of eight years, which means that if interest rates lurch upward by a percentage point, the bond's value will fall (roughly) by 7.9%.
The contract had a duration of five years, with an option for extension for another three.
More reserved members of the Council asked for the land reform law not to be applied for a duration of three years, instead of the presumed April 1865 deadline, and Cuza agreed.
It was decided that a potential chief would have to be elected by all clan members for a duration of five years at a time, before being re-elected again.
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