Signs That An Oil Pump Needs Replacing The engine of an automobile relies on many parts functioning properly. It should be no surprise that if one becomes deficient; it is going to cause a great deal of wear on the engine itself.
Macaulay duration is a time measure with units in years, and really makes sense only for an instrument with fixed cash flows. For a standard bond the Macaulay duration will be between 0 and the maturity of the bond. It is equal to the maturity if and only if the bond is a zero-coupon bond.
Use 'duration' in a Sentence. I was in awe for the whole duration of the song because of how beautiful the lyrics were and how elegant the melody was. 18 people found this helpful. To find out the duration of the meeting, we took note of the time the meeting both began and ended, and calculated the total length of it. 15 people found this helpful. Sometimes a business may go in a slump but as long as you believe in your product you can just ride out the duration of the slump.