long-dated
Học thuậtThân thiện
A long-dated government bond provides stable returns for retirement planning.
Definition
- Adjective:
- Finance: Having a long remaining term to maturity: Specifically used to describe bonds, securities, or other financial instruments that have a long period remaining until their principal amount is repaid (redeemed). The term is most commonly applied to gilt-edged securities (government bonds) with more than 15 years until maturity.
Usage
- Context: Primarily used in finance and investment contexts to categorize fixed-income securities based on their time to maturity. It contrasts with "short-dated" or "medium-dated" securities.
- Function: The adjective typically precedes the noun it modifies (e.g., long-dated bond) or follows a linking verb (e.g., The bond is long-dated).
Examples
- The pension fund invested heavily in long-dated gilts to match its future liabilities.
- Investors seeking stable, long-term income often prefer long-dated securities.
- Due to the interest rate hike, the price of long-dated bonds fell more sharply than that of short-term notes.
Advanced Usage
- "Long-dated" vs. "Long-Term": While related, "long-dated" is a more precise financial term referring specifically to the remaining time on a security's contract. "Long-term" is a broader adjective applicable to investments, goals, or trends.
- Interest Rate Sensitivity: Long-dated bonds are generally more sensitive to changes in interest rates than shorter-dated bonds, a concept known as duration risk.
Variants and Related Words
- Long-dated security (n): The full term for the financial instrument itself.
- Long-dated gilt (n): A UK government bond with a long remaining term to maturity.
- Dated (adj): Having a specified maturity date. (e.g., a dated bond).
- Redemption date (n): The date on which a security's principal is repaid.
Synonyms
- Long-term (in a general financial context).
- Long-maturity (a less common but descriptive synonym).
Antonyms
- Short-dated: Having a short remaining term to maturity (often less than 5 years).
- Medium-dated: Having an intermediate remaining term to maturity.
A long-dated government bond provides stable returns for retirement planning.
Adjective
- of a gilt-edged security; having more than 15 years to run before redemption