Current Yield

Definition

  • The current yield is a financial term used in reference to bonds and other fixed-interest securities. It is the ratio of the annual interest payment.

Synonyms
interest yield, running yield, income yield, flat yield

Related Terms and Acronyms

  • Average Annual Yield (AAY) Acronym,
    • The average yield per year over the life of the investment, assuming all principal and interest remain on deposit until maturity.
  • Bond Definition,
    • A certificate of debt issued by a government or corporation guaranteeing payment of the original investment plus interest by a specified future date.
  • Parking (prk) Abbreviation,
    • A term that refers to depositing cash in a high-yield money market account until it is transferred to another account to pay bills.
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