An accounting term referring to a calculated measure used to compare bonds of varying durations and repayment schedules by averaging the periods for which funds are available, weighted by the amounts available in each period.
The blended rate refers to the time- and rate-weighted effective billing rate, interest rate, or tax rate, providing an average rate that incorporates varying rates and applied durations.
A weighted average, or weighted mean, is an arithmetic average that factors the varying degrees of importance of the numbers in a data set. Instead of each of the data points contributing equally to the final average, some data points contribute more than others.
