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Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.

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Phonetics: yield    \'yēld\

Function: noun

The yield expreeses an annual rate of interest taking into account the effect of compounding. The yield is almost always a bit higher than the rate due to compounding and the integration of fees into the equation computing the yield.

Definition 1:
See, "Annual Percentage Yield (APY)."

Thesaurus / Related Terms
Annual Percentage Yield