Advertising

Give up

• The loss in yield that occurs when a block of bonds is swapped for another block of lower coupon bonds. Can also be referred to as "after-tax give-up" when the implications of the profit (loss) on taxes are considered.

• The loss in yield that occurs when a block of bonds is swapped for another block of lower-coupon bonds. Can also be referred to as after-tax give up when the implications of the profit or loss on taxes are considered.

 
 Embedded terms in definition
 Coupon bond
Coupon
Profit
Yield
 
 Related Terms
 

<< Giro system Glass steagall act >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

People of mediocre ability sometimes achieve outstanding success because they don't know when to quit. Most men succeed because they are determined to. George Herbert Allen

Advertising



Copyright 2009-2018 GVC. All rights reserved.