Y
| Term | Definition |
|---|---|
| Yield | The annual income from a security, expressed as a percentage of the current market price of the security. The yield on a share is its dividend divided by its price. A bond yield is also known as its interest rate: the annual coupon divided by the market price. |
| Yield Curve | Shorthand for comparisons of the interest rate on government bonds of different maturity. |
| Yield Gap | A way of comparing the performance of bonds and shares. The gap is defined as the average yield on equities minus the average yield on bonds. |