Constant yield method - some related terms:
Accretion
Amortization
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Constant Yield Method
A method used for tax purposes to accrete the cost of a bond purchased at an original issue discount. See also Accretion.
Contra Broker ...
Constant yield method
Allocation of annual interest on a zero-coupon security for income tax use.
Construction loan
A short-term loan to finance building costs.
 See also: Yield, Lead Underwriter, Dividends, Coupon Rate, Variable
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