Meaning YIELD EQUIVALENCE: The interest rate at which a tax-exempt bond and a taxable security of similar quality give the investor the same rate of return
More terms such as Yield equivalence in Dictionary Y.
- Definition Yard:
- Examples billion currency units. Used particularly in currency trading, e.g., for Japanese yen since one billion yen equals approximately US$10 million. It is clearer to say, I'm a buyer of a yard of yen yield equivalence definition.
- Definition Yield Ratio:
- Examples The quotient of two bond yields yield equivalence explain.
- Definition Yield Advantage:
- Examples The advantage gained by purchasing convertible securities instead of common stock, which equals the difference between the rates of return of the convertible security and the common shares yield equivalence what is.
- Definition Yield Spread:
- Examples The difference in yield between different security issues usually securities of different credit quality yield equivalence meaning.
- Definition Yield To Average Life:
- Examples in which bonds are retired routinely during the life of the issue. Since the issuer buys its own bonds on the open market because of sinking fund requirements, if the bonds are trading below par yield equivalence abbreviation.
