Macaulay duration (FIN-FSCM-TRM-TM)
Example: Transaction Manager (FIN-FSCM-TRM-TM)
Date on which the offsetting changes in the market value and the final
value due to interest rate changes cancel each other out. This is
calculated as the weighted total of the payment dates for the bond,
using the quotient from the discounted cash flows and the market price of the security as the weights.
Espresso Tutorials
Espresso Tutorials offers you learning media focused on the essentials for your way from a quick start to an SAP professional.
With our SAP learning platform et.training we offer you a flat rate for e-books and videos. Our motto: "Learn SAP anytime, anywhere, and on any device".
Subscribe to newsletter
Subscribe to our newsletter now and never miss any news.
Source: https://help.sap.com/doc/saphelp_glossary/latest/en-US/36/5649c83760124ae10000009b38f982/content.htm