| Glossary - Y
Yield The effective return on an investment, as paid in dividends or interest
Yield maintenance premium A penalty designed to make investors whole in the event of early redemption of principal. Usually paid by the borrower.
Yield spread A form of compensation some brokers receive from a lender for originating and processing a loan. The yield spread is based on the interest rate of the loan and can usually vary anywhere from zero to 6%.
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