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Accounting Y
 
Year’s purchase
Yield
Yield gap
York-Antwerp rules
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Yield gap

 

Yield gap

The difference between the yield on ordinary shares and the yield on gilt-edged securities, e.g. 2½ per cent irredeemable consols. If the latter exceeds the former, it is called the reverse yield gap. A reverse yield gap appeared for the first time in 1959.

Reference: The Penguin Dictionary of Economics, 3rd edt.