Average tariff


 

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Average tariff

An average of a country's tariff rates. This can be calculated in several ways, none of which are ideal for representing how protective the country's tariffs are. Most common is the trade-weighted average tariff, which under-represents prohibitive tariffs, since they get zero weight.



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Average life

Average life

Also referred to as the weighted-average life (WAL). The average number of years that each dollar of unpaid principal due on the mortgage remains outstanding. Average life is computed as the weighted-average time to the receipt of all future cash flows, using as the weights the dollar amounts of the principal paydowns.


Weighted average maturity

Weighted average maturity

The weighted average maturity of an MBS is the weighted average of the remaining terms to maturity of the mortgages underlying the collateral pool at the date issue, using as the weighting factor the balance of each of the mortgages as of the issue date.


Average collection period, or days receivables

Average collection period, or days receivables

The ratio of accounts receivables to sales, or the total amount of credit extended per dollar of daily sales (average AR/sales 365).


Average propensity to consume

Average propensity to consume

The fraction of total (or perhaps disposable) income spent on consumption. Contrasts with marginal propensity to consume.


Simple moving average

Simple moving average

The mean, calculated at any time over a past period of fixed length.


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