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Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures, taking into account both current income and capital gains or losses.
Zero-coupon Bonds
Debt securities that are issued at a discount to their face value and do not pay interest during their life but are redeemed at full face value at maturity.
Yield To Maturity
The total return expected on a bond if the bond is held until its maturity date, incorporating both interest payments and the capital gain or loss.
Discount
The reduction applied to the nominal or face value of something, typically used in the context of bonds or selling goods and services at below their listed prices.
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