Yield
Yield refers to the return on an investment, typically expressed as a percentage of its cost or current value. In accounting, it’s often associated with interest, dividends, or bond returns. Accurate yield calculations help assess investment performance and inform financial planning and reporting.
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YTD (Year-to-Date)
Year-to-date refers to the period from the beginning of the current fiscal year up to the present date. It’s used…
Yield to Maturity (YTM)
YTM is the total return expected on a bond if held until it matures, considering its current price, coupon payments,…
Year-End Closing
Year-end closing is the accounting process of finalising all transactions, adjusting entries, and preparing financial statements at the end of…
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