"Y" Listings - Mortgage Glossary
- Yield – The interest earned on an investment by an investor or by a bank on the money it has loaned which is also called a return...
- Yield Maintenance – A prepayment penalty that provides a lender a yield equivalent to the interest rate in the note until the loan's maturity date...
- Yield to Average Life – A calculation used where bonds are retired systematically during the life of the issue...
- Yield to Maturity – (YTM) The yield of a bond to maturity takes into account the price discount from or premium over the face amount...
- Yuppie – Young, Upwardly-mobile Professional. An 80's term used to refer somewhat derisively to young professionals with more money than sense...
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