discount yield
The yield on a security sold at a discount.
Search Results for: YIELD
current yield
The annual interest paid on a security (esp. a bond) divided by the security’s current market price.
coupon yield
The annual interest paid on a security (esp. a bond) divided by the security’s par value. — Also termed nominal yield.
high yield bond
A high-risk, high-yield subordinated bond issued by a company with a credit rating below investment grade. — Also termed junk bond; high-yield debt obligation.
earnings yield
The earnings per share of a security divided by its market price. • The higher the ratio, the better the investment yield. — Also termed earnings-price ratio. Cf. PRICE-EARNINGS RATIO.
yield to maturity
yield to maturity. The rate of return from an investment if the investment is held until it matures. — Abbr. YTM. Cf. TIME VALUE.