Category: Y

Definition The Yearly Probability of Living, also known as the survival rate, is a financial term used in the insurance and pension industry to estimate

Definition A year-end bonus is a supplementary financial reward given to an employee at the end of the fiscal or business year. It usually serves

Definition Yearly Renewable Term (YRT) refers to a type of life insurance policy that offers coverage for one year and allows the policyholder to renew

Definition The Yearly Rate of Return Method is a financial metric used to evaluate the performance of an investment by calculating the annual percentage gain

Definition Year-over-year (YOY) is a financial term used to compare the performance of a particular metric across two comparable periods, typically on an annual basis.

Definition Year’s Maximum Pensionable Earnings (YMPE) is a financial term used in Canada that represents the maximum annual earnings on which Canada Pension Plan (CPP)

Definition A Yen ETF (Exchange-Traded Fund) is a type of investment fund that aims to track the performance of the Japanese yen against other currencies,

Definition Yield maintenance is a prepayment premium or fee, often used in commercial lending, that allows the lender to receive compensation for the loss in

Definition A yield curve is a graphical representation of interest rates on debt for a range of maturities. It plots the yields of bonds with

Definition Yield basis is a financial term that refers to a method of comparing the potential return on various fixed-income securities, such as bonds, by