Required yield is the minimum yield investors require before making an investment of a given level of risk. The required yield of any alternative investment is compared to the req...
Preferred stock is a form of equity evidencing ownership in the capital stock of the issuing company that has preference rights over its common stock. Unlike common stock, preferr...
What is mutual fund share class?
Mutual funds commonly offer more than one class of shares. Each mutual fund class is invested in the same portfolio with the same investment policy and objective as the other shar...
What is money market yield (MMY)?
Money market yield (MMY) is the total return on money market instruments equal to the increase (decrease) in value of an instrument above (below) its purchase price plus any invest...
Investment yield is the bond equivalent yield (BEY) measure of return used by the US Treasury to compare the yield on T-bills with bonds maturing on the same date, calculated as a...
What is holding period yield (HPY)?
Holding period yield (HPY) is the unannualized percentage return on an asset or portfolio of assets from purchase date to its maturity or sale equaling the sum of increase (decreas...
A government security any debt instrument issued by a central government, including bills, notes and bonds, whether discounted, variable- or fixed-rate, negotiable or nonnegotiable...
What is Euro commercial paper (ECP)?
Euro commercial paper (ECP) is a short-term, unsecured, unsubordinated bearer promissory note issued in Eurocurrency in interest-bearing form and quoted on an add-on basis, commonl...
leasing of any identifiable, tangible, assets other than lease or an rental or a rental-purchase: Equipment leasing – The possession and use of equipment that is owned by another p...
What is effective annual yield (EAY)?
Effective annual yield (EAY) is annualized nominal rate of interest based on a 365-day year including all costs incurred in an investment or borrowing that is compounded every inte...
