A The correct spelling is actually bated breath but itâs so common these days to see it written as baited breath that thereâs every chance that it will soon become the usual form, to the disgust of conservative speakers and the confusion of dictionary writers.
Average Call Duration (ACD) is a term used in telecommunications to describe the average amount of time a given person or group spends on each phone call. This is an important metric, because it helps service providers predict the amount of phone traffic their systems will experience over time.
What does this mean? Duration is a measure of the length of time it will take the bond's cash flows to repay the investor the price he or she paid for the bond. The smaller the duration of a bond, the faster an investor will get back his or her investment through coupon payments and the final par-value payment.