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Treasury Stock
Shares that were once part of the outstanding shares and have been bought back by the issuing company, reducing the amount of outstanding stock on the market.
Yield to Maturity
The total return anticipated on a bond if the bond is held until it matures. YTM is considered a long-term bond yield expressed as an annual rate.
Semiannual Coupon Bonds
Bonds that pay interest to their holders twice a year.
Flotation Cost
The total costs associated with issuing new securities, including fees, taxes and underwriting expenses, which are incurred by companies when they raise new capital.
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