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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

half-life  

Definition 1.

The future date on which half of a mortgage's principal will have been paid off.
 

Definition 2.

The point in the life of a mortgage-backed security guaranteed or issued by the Government National Mortgage Association, the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation when half the principal has been repaid.
 
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