Tenor is a term that can refer to different things depending on the context. In music, it describes a type of male singing voice that is higher than a baritone but lower than an alto. Tenors often play leading roles in operas and musicals, showcasing their powerful and expressive vocal abilities. Famous tenors include Luciano Pavarotti and Andrea Bocelli.
In finance, tenor refers to the length of time until a financial contract, such as a loan or bond, matures. It indicates how long the borrower has to repay the loan or how long an investor will hold a bond before receiving their principal back. Understanding tenor is crucial for managing investment risks and returns.