Tax equivalent yield


 

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Tax equivalent yield

The pre-tax yield required from a taxable bond in order to equal the tax-free yield of a municipal bond.



Tax equivalent yield

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Corporate taxable equivalent

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.


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The cost per year of owning an asset over its entire life.


Equivalent bond yield

Equivalent bond yield

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


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The amount of money that, paid to a person, group, or whole economy, would make them as well off as a specified change in the economy. Provides a monetary measure of the welfare effect of that change that is similar to, but not in general the same as, compensating variation.


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The benefit which an employer must give an employee who was contracted out of the old graduated pension scheme.


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