effective annual yield
Definition
Use this term in a sentence
“ You should try to make sure that you know what a good effective annual yield will be and strive to always reach it. ”
“ The effective annual yield was used to best take into consideration the time that would transpire from the beginning until the end of the project. ”
“ Some newer investors do not take the Effective Annual Yield into consideration. Some bonds pay monthly returns, which effectively lower the actual yield of the bond. ”