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Yellow Book - Written by the GENERAL ACCOUNTING
OFFICE, the yellow book sets forth standards to be
followed in auditing the FINANCIAL STATEMENTS of
entities that receive federal financial assistance.
"Yellow Book" is the name given to "Government Auditing
Standards" issued by the Comptroller General of the
United States which contains standards for audits of
government organizations, programs, activities and
functions, and of government assistance received by
contractors, nonprofit organizations and other
nongovernment organizations.
Yield - Return on an INVESTMENT an investor
receives from DIVIDENDS or INTEREST expressed as a
percentage of the cost of the SECURITY.
Yield to Maturity - Rate of return on a SECURITY
to its maturity, giving effect to the stated interest
rate, accrual of discount, or AMORTIZATION of PREMIUM.
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