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half-life

   Also found in: Dictionary/thesaurus, 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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This Half-Life technique works so well that I use it for all my own presentations and workshops - and it''s become a verb, as in "Half-Life my presentation" or "Half-Life my slides.
Journal cited half-life can be understood as an indicator of the continued importance of past contributions (Cartwright & McGhee, 2005; Della Sala & Crawford, 2007).
The half-life of fluoxetine after a single dose is two days and, after multiple dosing, four days.
 
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