Weighted average coupon

Weighted average coupon,

Definition of Weighted average coupon:

  1. An average resulting from the multiplication of each component by a factor reflecting its importance.

  2. The average, using the balance of each mortgage as the weighting factor, of the gross interest rates of the mortgages underlying a pool as of the date of issue.

How to use Weighted average coupon in a sentence?

  1. All averages presented are weighted averages.

Meaning of Weighted average coupon & Weighted average coupon Definition