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Personal Finance Glossary

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Daily simple interest
Day High
Day Low
Death Benefit
Debenture
Debt-To-Income Ratio
Decreasing Term Insurance
Deed
Default
Deferred Annuity
Defined Benefit Plan
Defined Contribution Plan
Depreciation
Derivatives
Devaluation
Diluted Earnings
Disability Income Rider
Discount Rate
Distribution
Diversification
Dividend
Dividend Yield Ration
Document Preparation
Dollar Cost Averaging
Donor
Double Indemnity
Dow Jones Industrial Average
Down Market Performance
Down Payment
Current TermDuration
Duration
A measure of a bond price's sensitivity to a 100-basis point change in interest rates. A duration of 8 would mean that, given a 100-basis point change up/down in rates, a bond's price would move up/down by 8%.
† ©CBS MarketWatch

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