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average down
average earnings
average effective maturity
average equity
average fixed cost
average inventory
average length of stay
average life
average nominal maturity
average option
average out
average paid
average product
average propensity to consume
average propensity to save
average revenue
average revenue product
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average nominal maturity
av·er·age nom·i·nal ma·tu·ri·ty


noun 
Definition:
 
bond's maturity not considering contingencies: the average time taken by a bond or group of bonds to mature if any attached clauses such as early redemptions or prepayments are not exercised
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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