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Bond equivalent yield
The amount of yield an investor must earn from a taxable bond in order to get the same amount of money he or she would earn on a tax-free bond.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
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