MONEY MARKET YIELD
Yielded interest rate by investing in securities that have high liquidity and maturities less than a year like negotiable certificates of deposit (CD), Treasury bills, and municipal notes. To compute, get the holding period yield and multiply it by a 365-day bank year; and then divide it by maturity days. It can also be calculated by using bank discount yield.
Also called CD-equivalent yield.
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SLL
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Margin of error in a statistical and/or mathematical model created when the model fails to fully depict the actual connection between the independe ...
Treasury Bill - T-Bill
Short-term debt obligation with a maturity of less than one year. Backed by the US government, these debts are sold in denominations from $1,000 up ...
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