YIELD TO MATURITY

Domain	Definition
Finance	The average annual yield of a fully amortized loan, that is held by an investor for the life of the loan. The average rate takes into the account the fact that the outstanding principal, and consequently the amount of interest, declines each year until the loan is fully paid. When the term is used in reference to a bond or other security, it means the average annual rate of return of the security when held to maturity, taking into account discounts or premiums paid when the security is purchased and capital gains or losses. (references)
Source: compiled by the editor from various references; see credits.

Anagrams: YIELD TO MATURITY

Scrabble® Enable2K-Verified Anagrams
	Words within the letters "a-d-e-i-i-l-m-o-r-t-t-t-u-y-y"
	-4 letters: dilatometry.
	-5 letters: audiometry, auditorily, modularity.
Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro.