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modest
Modesto
modesty
modicum
modif.
modification
modified book value
modified cash basis
modified duration
modifier
modify
modillion
modiolus
modish
Modred
modular
modular arithmetic
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modified duration
mod·i·fied du·ra·tion


noun 
Definition:
 
change in financial instrument's value: a measure of how a financial instrument's value changes in relation to its yield
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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