Yield

A way of measuring the return on an investment over a set period of time. It’s usually the income you receive from an investment expressed as a percentage of the price you paid for the investment, or its current price.

For example, the yield on a bond could be measured using the interest payable divided by the current price of the bond.

More on Bonds yields

Popular terms

Lump sum and death benefit allowance

This is a limit on the total tax-free lump sums that can be paid from your pensions both in your...

Lump sum allowance

When you access your pension, you can usually take up to 25% of the value tax-free. The lump sum allowance...

Ready-made pension

A simple, low-cost pension where you choose from four AJ Bell fund options.

Money paid in is automatically invested...