Years Certain Annuity
What is 'Years Certain Annuity' An insurance product that pays the holder a monthly income for a specified number of years. A...
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....
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...
Yield To Worst (YTW)
What is the 'Yield To Worst - YTW' The yield to worst (YTW) is the lowest potential yield that can be received...
Yield To Maturity (YTM)
What is 'Yield To Maturity (YTM)' Yield to maturity (YTM) is the total return anticipated on a bond if the bond is...
Yield Advantage
What is 'Yield Advantage' The relationship between convertible securities and the dividend yield of the common stock of the same issuing corporation....
Yearly Renewable Term Plan of Reinsurance
What is 'Yearly Renewable Term Plan of Reinsurance' A type of life reinsurance where mortality risks are transferred to a reinsurer. In...
York Antwerp Rules
What is 'York Antwerp Rules' A set of maritime rules that outline the rights and obligations of ship and cargo owners when...