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efface
effect
effective
effective annual interest rate
effective annual yield
effective call price
effective circulation
effective date
effective duration
effective edge
effective margin
effective spread
effective striking price
effective tariff rate
effectively
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effective duration
ef·fec·tive du·ra·tion


noun 
Definition:
 
security price change reflected by interest: one of the methods of calculating the risk associated with interest-rate changes on securities such as bonds
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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