true yield
noun[C]
ukusFINANCE
theprofitproducedby aninvestment,consideringtheeffectof thetimevalueofmoney(= the way thatpaymentsreceivedin thefutureareworthless than thosereceivednow)or theeffectofinflation:
Waiting sixmonthsforyourmoneyreducesthetrueyieldonyourinvestment.
FINANCE,STOCK MARKET
theprofitfrombonds,consideringthepricepaidfor them,interestpaymentsreceivedon them, andtheirvaluewhen theymature(= when they arepaidback):
When abondisboughtat adiscountthere will be againwhen thebondmatures, and thebondholderreceivesparvalueback,thusraisingthetrueyield.