Sunday, 12 May 2024, 8:28 AM
Site: E-Learning KIMEP
Course: Professional Foreign language ECN/ENG2101 L, Mussurov Altay (ECN/ENG2101 L, Mussurov Altay )
Glossary: Course glossary
Y

Yield

The income from an investment. Calculated by taking the annual dividend or interest payment, multiplying by 100 and dividing by the current market price.

Z

Zombie funds

More formally these are called closed funds. It’s a name given to a closed with-profits fund that no longer accepts new business until the existing policies mature.