- yield
- The annual return, expressed as a percentage, of an investments value or cost. E.g., if an investment cost $1000 and returns $100, its yield equals 10%.
- yield to call
- The annual return, expressed as a percentage, of a bond or note if it is redeemed at the first possible call.
- yield to maturity
- The annual return, expressed as a percentage, of a bond or note redeemed at maturity.
- zero-coupon bond
- A bond issued without coupons and without a statement of its rate of interest.
- zero-coupon security
- A security that pays no interest until maturity, when the interest is paid in a lump sum.