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Also available:
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yield to maturity
yield to maturity
(
plural
yields to maturity
)
noun
Definition:
income from bond without early payment:
the amount that an investor will gain from a bond over its life if the issuer does not repay it before the set time
Encarta® World English Dictionary [World English Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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