Related Words

Average Life: The length of time that will pass before one-half of a debt obligation has been retired.

Bearing Life: Rating life, L10 (Bl0), is the life in hours or revolutions in which 90% of the bearings selected will obtain or exceed. Median life (average life), L50(B50)

Moving Average: A moving average of securities prices is an average that is recomputed regularly by adding the most recent price and dropping the oldest one. For example, if you looked at a 365-day moving a . . . View Full Definition

Mr. (Or Mrs.) Average: Facetious name for a bowler who doesn't show up, since his or her average is often used to compute team scoring. See also blind.

Mortgage Life Insurance: A life insurance policy that pays off the remaining balance of the insured person's mortgage at death.

Lipper Mutual Fund Industry Average: The average level of performance for all mutual funds, as reported by Lipper Analytical Services.

Lifetime Reverse Mortgage: A type of mortgage in which a homeowner borrows against the value a home, while retaining title, and making no payments while residing in the home. When the owner ceases living in the house, . . . View Full Definition

National Wildlife Refuge System (NWRS): Consists of all of the National Wildlife Refuges, the Waterfowl Production Areas, and certain other small tracts managed by states under cooperative agreements with the Fish and Wildlife Ser . . . View Full Definition

Nikkei Stock Average: The Nikkei Stock Average, sometimes call the Nikkei Index or simply the Nikkei, is a price-weighted index of 225 blue chip stocks traded on the Tokyo Stock Exchange. The index, which was int . . . View Full Definition

Pot Life: Amount of time after mixing a two-part paint system during which it can be applied.