See Also: Discount yield(money)
Discount yield(finance)
Money market yield(finance)
Money market yield(money)
Flat yield or running yield(finance)
Redemption yield or maturity yield(finance)
Tight money or dear money(finance)
Discount(finance)
Discount(money)
discount(2)(dictionary)

Discount yield (money)


Definition: [crh] The yield or annual interest rate on a security sold to an investor at a discount. A bond that is sold at $4875 that matures to $5000 has a discount of $125. To calculate the discount yield: (discount divided by the face value of the security) multiplied by the (number of days in the year divided by the number of days to Definition: aturity">maturity).