redemption yield

World English Dictionary
redemption yield
 
n
stock exchange the yield produced by a redeemable gilt-edged security taking into account the annual interest it pays and an annualized amount to account for any profit or loss when it is redeemed

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Main Entry:  redemption yield
Part of Speech:  n
Definition:  an estimate of the total long term returns, including income and capital, on fixed income investments like corporate bonds and gifts
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