Glossary

Yield
The return on an investment expressed as a percentage. Alternatively, the profit or income that an investment or property will return; the money derived from any given business venture, usually expressed as an annual percentage of the initial investment. Straight yield (or running yield) relates cash flow to price paid and does not take into account any gain or loss of principal. Amortised yield (or redemption yield) relates the sum of both cash flow (interest payments) over the life of the security and any gain or loss at maturity to the initial amount invested. (See also Yield to Maturity).

Yield Curve
A visual representation of the term structure of interest rates. It shows the relationship between bond yields and maturity lengths. A normal or positive yield curve signifies higher interest rates for long-term investment, while a negative or downward curve indicates higher short-term rates.

Yield to Maturity
The yield provided by a bond which is held to its maturity date, taking account of both interest payments and capital gains or losses. Your equity
Equals the total value of the asset less the debt held against that asset.

A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, X, Y, Z.