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The GOLD in Golden years was identified by the sight impaired. It is actually Rust!!
Weighted average remaining term (WART) is a calculation used to compare the time to maturity of asset-backed securities (ABS), most commonly mortgages. A portfolio containing a large number of long-term securities will tend to have a higher WART than another pool with short-term maturities, depending on the relative principals of those securities. The weighted average remaining term is also known as weighted average maturity.