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half-life
(redirected from Chemical half-life)

   Also found in: Medical, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Half-life

half-life
The length of time before half the principal on a debt is expected to be repaid through amortization or sinking fund payments. For example, a 25-year bond issue may require the issuer to retire 5% of the beginning principal commencing 5 years after the issue date. Thus, the bond issue has a half-life of 5 years plus the number of years required to retire half the issue, or 15 years. Mortgage-backed securities often have a relatively short half-life because many homeowners pay off or refinance their mortgages early. Also called average life.


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Scientists recommend that companies develop new agents with lower chemical half-life that would have a lesser impact on other sea life.
]F typical of Florida's groundwater, Weintraub's research suggests the chemical half-life is very long--between 300 and 500 days.
 
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