Weighted average life

Weighted average life
See: Average life
Weighted average maturity ...

WAL - Weighted Average Life - The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, WAL tells how many years it will take to pay half of the outstanding principal.

Weighted average life
For amortizing securities, investors do not talk in terms of a bond's maturity since its principal is made over time.

Weighted average life
Weighted Average Life - WAL
Weighted Average Loan Age
Weighted Average Loan to Average
Weighted Average Market Capitalization
Weighted average maturity
Weighted average maturity
Weighted Average Maturity - WAM ...

Weighted Average Life - Is the measurement of a Mortgage Backed Securities time horizon other than maturity. It considers the impact of all principal payments both scheduled and prepaid.

weighted average life of the remaining terms to maturity of the underlying loans of a mortgage certificate at the issue date, using the balance of each loan as the weighting factor.

Weighted average life
Weighted Average Market Capitalization
Weighted average maturity
Weighted average portfolio yield
Weighted average remaining maturity
Weighting
Well''s Notice
Well-diversified portfolio
When issued
When issued (W.I.) ...

The average life, also referred to as the 'weighted average life' or 'weighted average maturity,' is a reflection of the rapidity with which the principal of an issue is expected to be paid.

The time-weighed for a stream of principal cash flows. See weighted average life.
average daily balance ...

The weighted average of the gross interest rates of mortgages underlying a pool as of the pool issue date; the balance of each mortgage is used as the weighting factor.
Weighted average life
See: Average life
Weighted average maturity ...

See also: Average Life, Average Maturity, Weighted average coupon, Average cost of capital, Cost of capital