Glossary Terms > Taxable Equivalent Yield (1 entry)

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  • What does T.E.Y. mean?
    The interest rate that must be received on a taxable security to provide the holder the same after-tax return as that earned on a tax-exempt bond. Because interest earned on municipal ...

Sources of definitions:

FINRA website, investor words . com, US Legal definitions, MSRB website, dictionary . com, SEC website

Vickery Creek Capital Management is not responsible for the accuracy of the definitions herein; this glossary is intended to assist clients and prospective clients in better understanding financial and investment terms.  It is the responsibility of the individual to fully understand the specifics associated with investment terms that relate to their situation.