A | B | C | D | E | F | G | H | I | JK | L | M | N | O | P | Q | R | S | T | U | V | W | YZ |     Home Yield The ratio of investment income to the total amount invested over a certian period of time. Yield Maintenance A prepayment premium that allows investors to obtain the same yield as if the borrower made all scheduled mortgage payments until maturity. Yield to Average Life Yield calculation used, instead of “Yield to Maturity” or “Yield to Call,” where books are retired systematically during the life of the issue, as in the case of a Sinking Fund, with contractual requirements. Yield to Maturity (YTM) A calculation used to determine the rate of return an investor will receive on a bond if it is held to its maturity date. YTM is considered a long-term bond yield expressed as an annual rate. It takes into account purchase price, redemption value, time to maturity, coupon interest rate, and time between interest payments. Zero Lot Line The construction of a building on any of the boundary lines of a lot. Zoning The classification of allowable land use by a government.