Hedge Fund Glossary

mfa-logo latham-and-watkins-logo

Weighted Average Life

this is shorthand for “weighted average life to maturity” which is calculated based on the average of the time remaining for the remaining principal payments on a debt obligation. In the case of most High Yield Bonds, this is easy since they do not have any Amortization requirements — it is simply the time remaining until the Maturity Date of the Bonds.

Hedge Fund Glossary Index ›

Latham & Watkins is pleased to provide our Book of Jargon® — Hedge Funds. The Book of Jargon® — Hedge Funds
is a comprehensive glossary of hedge fund slang, legal and regulatory terminology, and acronyms.

For more information please visit: www.lw.com