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.
Duration is a linear measure of how the price of a bond changes in response to interest rate changes. As interest rates change, the price does not change linearly, but rather is a convex function of interest rates. Convexity is a measure of the curvature of how the price of a bond changes as the interest rate changes.