Immunization strategy definitions

Immunization strategy

A bond portfolio strategy whose goal is to eliminate the portfolio`s risk, in case of a general change in the rate of interest, through the use of duration.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosi.htm

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Immunization strategy

A bond portfolio strategy whose goal is to eliminate the portfolio's risk against a general change in the rate of interest through the use of duration.
Found on http://www.encyclo.co.uk/local/20047

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Immunization Strategy

The construction of an asset and a liability match that benefits from offsetting changes in value.
Found on http://www.encyclo.co.uk/local/22402

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