What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A...
What is 'Yield Pickup' The additional interest rate an investor receives when selling a lower-yielding bond in exchange for a higher-yielding bond....
What is 'Yupcap'
A slang term for a young urban professional who cannot afford property. Yupcaps are people in their late twenties or early thirties...
What is 'Yield To Average Life' The yield on a fixed-income security when the average maturity is substituted for the maturity date...
Definition"Yuppie" is a term coined in the early 1980s for a young professional person working in a city. Yuppie What is 'Yuppie' ...
What is the 'Yield To Worst - YTW' The yield to worst (YTW) is the lowest potential yield that can be received...
What is 'Yield To Maturity (YTM)' Yield to maturity (YTM) is the total return anticipated on a bond if the bond is...
What is 'Yield Advantage' The relationship between convertible securities and the dividend yield of the common stock of the same issuing corporation....
What is 'Yearly Renewable Term Plan of Reinsurance' A type of life reinsurance where mortality risks are transferred to a reinsurer. In...
What is 'York Antwerp Rules' A set of maritime rules that outline the rights and obligations of ship and cargo owners when...