TAX EQUIVALENT YIELD is the yield that must be offered before factoring in taxes so that an investment pays off a certain after-tax yield. This measure is often necessary to compare taxable and tax-free investments, since tax-free issues tend to have lower pre-tax yields due to the fact that the investments proceeds will not be reduced by taxes. Tax equivalent yield is equal to required after-tax yield divided by (1 minus the tax rate).

FOOTING, in accounting, is the sum of a column of figures.

RPU is Revenue Per User (telecommunications), Revenue Per Unit, or Revenue Protection Unit.

Enter Search Term

*Enter a term, then click the entry you would like to view.*