YULE

The times of Christmas and Lammas.

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YVERNAIL

BLE. L. Fr. Winter grain. Kelham.

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YELLOW PAGES

Business directory classified by business type.

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YIELD TO CALL (YTC)

Yield on a bond calculated on the assumption the issuer will redeem on its first call date stated in the prospectus.

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YELLOW SHEETS

Listing daily of bid and ask prices for over the counter bonds. Produced by National Quotation Bureau.

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YIELD TO MATURITY

The yield of a coupon bearing security. It is the percent return of a bond when it finally matures. AKA promised yield. Refer to yield to call.

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YEME

In old records. Winter; a corruption of the Latin “hiems.”

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YEOMAN

In English law. A commoner; a freeholder under the rank of gentleman. Cowell. A man who has free land of forty shillings by the year; who was ancientlythereby qualified to serve on juries, vote for knights of the shire, and do any other act,where the law requires one that is probus et legalis homo. 1 Bl. Comm. 400, 407.This term is occasionally used in American law, but without any definite meaning,except In the United States navy, where it designates an appointive petty officer, whohas charge of the stores and supplies in his department of the ship’s economy.

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YIELD

In the law of real property, is to perform a service due by a tenant to hislord. Hence the usual form of reservation of a rent in a lease begins with the words”yielding and paying.” Sweet

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