Corporate taxable equivalent


 

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Corporate taxable equivalent

Rate of return required on a par bond to produce the same after-tax yield to maturity that the quoted premium or discount bond would generate.



Corporate taxable equivalent

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Certainty equivalent

Certainty equivalent

An amount that would be accepted today (risk free) in lieu of a chance to receive a possibly higher, but uncertain, amount.


Producer subsidy equivalent

Producer subsidy equivalent

1. Producer support estimate. 2. This ought logically to measure the extent to which existing policies serve to subsidize producers, defined as the ad valorem subsidy that, if paid directly to producers per unit of production, would lead to the same level of output as existing policies.


Equivalent bond yield

Equivalent bond yield

Annual yield on a short-term, noninterest-bearing security calculated for comparison to yields quoted on coupon securities.


Bond equivalent basis

Bond equivalent basis

The method used for computing the bond-equivalent yield.


Equivalent annual annuity

Equivalent annual annuity

The amount per year for some number of years that has a present value equal to a given amount.


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