单词 | net yield |
释义 | net yield The interest or dividends on securities, net of tax, that is after deduction of the normal rate of income tax, as a percentage of their price. For taxpayers with a personal marginal income tax rate lower than the normal rate, net yield is higher than that reported; similarly, for taxpayers with a personal marginal income tax rate higher than the normal rate, net yield is lower than that reported. |
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