Similarities in both values and definitions of Macaulay Duration versus Weighted Average Life can lead to confusing the purpose and calculation of the two. 1  For example, a 5 year fixed-rate interest only bond would have a Weighted Average Life of 5, and a Macaulay Duration that should be very close. Mortgages behave similarly.
Logo for OSHAs VPP. Voluntary Protection Programs (VPP) is an Occupational Safety and Health Administration (OSHA) initiative that encourages private industry and federal agencies to prevent workplace injuries and illnesses through hazard prevention and control, worksite analysis, training; and cooperation between management and workers.
CIP Level 2. This certification is designed for Level 2 Coating Inspectors responsible for performing and documenting non-destructive inspections of liquid and non-liquid coatings to any substrate in a shop setting or under the supervision of a level 3 inspector when working in a field setting. CIP Level 3 Peer Review.