Yearly Renewable Group Term Insurance
What is 'Yearly Renewable Group Term Insurance ' A type of insurance policy purchased by employers to cover several people at a time and is reviewed on a yearly basis, which helps reduce premiums paid by the employer. Yearly renewable group term insurance range from $100,000 to $1 million in increments of $25,000. This insurance does not...
Yearly Renewable Term (YRT)
What is 'Yearly Renewable Term - YRT' A term life insurance policy that lasts for one year. This sort of insurance provides policyholders with an estimate for the coverage they are purchasing for the current year. As long as you purchase an annual renewing term insurance policy, any premium quotes you get will be valid for the year in which...
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 investment. If the number of shares owned by the investor does not change, the yield on cost will increase if the company increases the dividend it...
Yield Basis
What is 'Yield Basis' A way of expressing the price of a fixed-income asset as a yield percentage, rather than in dollars, is known as yield percentage pricing. This makes it possible to compare bonds with a variety of qualities quickly and effortlessly. Explaining 'Yield Basis' Unlike stocks, which are priced in dollars, most bond quotations are expressed as a percentage of...
Yugen Kaisha (YK)
What is 'Yugen Kaisha - YK' A type of limited liability company that could be established in Japan from 1940 through early 2006. The Companies Act enacted in Japan in June 2005 abolished the YK business form. The law changed most YKs into KKs, or kabushiki kaisha, a joint stock company and the most common business form...
Yield Burning
DefinitionYield burning is a form of financial fraud involving the United States municipal bond market. Yield Burning What is 'Yield Burning' The illegal practice of underwriters marking up the prices on bonds for the purpose of reducing the yield on the bond. This practice, referred to as "burning the yield," is done after the bond is placed...
Year To Date (YTD)
What is 'Year To Date - YTD' Year to date (YTD) refers to the period beginning the first day of the current calendar or fiscal year up to the current date. YTD information is useful for analyzing business trends or comparing performance data, and the acronym often modifies concepts such as investment returns, earnings and net pay....
Yearly Rate Of Return Method
Yearly Rate Of Return Method What is 'Yearly Rate Of Return Method ' More commonly referred to as annual percentage rate. It is the interest rate earned on a fund throughout an entire year. The yearly rate of return is calculated by taking the amount of money gained or lost at the end of the year...
Yearly Probability Of Living
Yearly Probability Of Living What is 'Yearly Probability Of Living ' A numerical figure that depicts the likelihood of someone living per year. The yearly probability of living is determined by looking at a mortality table which shows the rate of death at each age in terms of the number of deaths per thousand. The data...
Year Over Year (YOY)
What does 'Year Over Year - YOY' mean When comparing the results of two or more measurable events from one time period to those from a comparable time period on an annualized basis, this is referred to as year over year (YOY) comparison or year over year comparison. The year-over-year performance of a firm is widely used by investors to...