Krugerrand Gold Coin What is 'Krugerrand Gold Coin' A gold coin minted by the Republic of South Africa. Krugerrand gold coins contain exactly one troy ounce of gold. This coin was first mi

DefinitionIn economics, Kondratiev waves are hypothesized cycle-like phenomena in the modern world economy. Kondratiev Wave What is 'Kondratiev Wave' An economic theory created by Soviet e

Key Ratio What is 'Key Ratio' A mathematical ratio that illustrates and summarizes the current financial condition of a company. Key ratios can be used to easily obtain an idea of a compan

Halted Issue What is 'Halted Issue' A planned security offering that does not go forward as planned. A halted issue can relate to an initial public offering (IPO) that will no longer occur

Headline Effect What is 'Headline Effect' The effect that negative news in the popular press has on a corporation or an economy. Whether it is justified or not, the investing public's reac

Yield To Average Life What is 'Yield To Average Life' The yield on a fixed-income security when the average maturity is substituted for the maturity date of the issue. It is particularly u

Yield Pickup What is 'Yield Pickup' The additional interest rate an investor receives when selling a lower-yielding bond in exchange for a higher-yielding bond. The bond with the lower yie

Yield On Cost (YOC) What is 'Yield On Cost - YOC' The annual dividend rate of a security divided by the average cost basis of the investments. It shows the dividend yield of the original i

Yield-Based Option What is 'Yield-Based Option' A type of debt-instrument-based option that derives its value from the difference between the exercise price and the value of the yield of t

Yield Elbow What is 'Yield Elbow' The point on the yield curve indicating the year in which the economy's highest interest rates occur. The yield elbow is the peak of the yield curve, sign