Tenor

What Does It Mean?
What Does Tenor Mean?
The amount of time left for the repayment of a loan or contract or the initial term length of a loan. Tenor can be expressed in years, months or days. 
Investopedia Says
Investopedia explains Tenor
For example, if a bank loan is initially extended with a five-year tenor, after three years, the loan will be said to have a tenor of two years.

Tenor is sometimes used interchangeably with "maturity", although tenor is not often used to describe the terms of fixed-income instruments such as government bonds and corporate bonds. Instead, non-standardized contracts like insurance policies and bank loans tend to be described in terms of tenor.


Related Links
Get a new investing term in your inbox each day!
- join our Term of the Day!
Sponsored Links
MARKETPLACE
TRADING CENTER
CURRENT HIGH YIELD SAVINGS RATES
Type
Overnight avgs
Rate data provided by
Bankrate.com
add investopedia foot
www.investopedia.com