To create these strategies, portfolio managers use Macaulay duration. For example, say a bond has a two-year term with four coupons of $50 and a par value of $1,000. If the investor did not reinvest his or her proceeds at some interest rate, he or she would have received a total of $1200 at the end of two years.
On February 27th, 2014, Redditor xvvhiteboy submitted a post titled âLe New Meme: Nice MayMay Manâ to the /r/circlejerk subreddit, featuring an illustration of manâs face in front of a yellow and blue color wheel background with the caption âIs maymay / and manâ (shown below).
Sure, let's put 'meme' in the dictionary, but call us when they add dank memes. Merriam-Webster has had, in its own words, a bit of a growth spurt, adding a clutch of new words to its unabridged dictionary. These include some genuinely great entries (colossal squid is the perfect name for a new cat and/or firstborn) but also a lot of boring-snoring internet words, including WTF, emoji, clickbait, photobomb, and meme. The thing is, I'm not sure if I really care. savvy marketing from the suits at big Dictionary.