Definitions for "yield to call"
Yield that would be realized on a callable bond in the event that the bond was...
The yield computed assuming cash flow is the coupon stream to the call date, when the issue is redeemed at its call price.
The rate of return to the investor earned from payments of principal and interest, with interest compounded semi-annually at the stated yield, presuming that the security is redeemed on a specified call date (if the security is redeemed at a premium call price, the amount of the premium is also reflected in the yield).  Yield to call takes into account the amount of the premium or discount at the time of purchase, if any, and the time value of the investment.  Compare:  CURRENT YIELD; YIELD TO MATURITY; YIELD TO WORST.  See:  PRICING CALL.