Definitions for "YTM"
YIELD TO MATURITY. is the rate of return the investor will earn if a bond is held to maturity.
Yield to Maturity. The rate of return an investor earns assuming a bond is held to maturity.
Yield To Maturity. The effective annual rate of return earned by a bond if held to maturity. This rate takes into account the amount paid for the bond, the length of time to maturity, and assumes coupon payments can be reinvested at the yield to maturity. !-- End Index--DL