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Wealth Management Glossary

C Corporation Call Option Call Provision Capital Gain Or Loss (Also Realized Gains/Losses) Certificate Of Deposit Chinese Wall Claim Against An Estate Codicil Collateralized Mortgage Obligation (CMO) Commercial Paper Common Stock Common Trust Fund Community Property Complex Trust Conservator Contest Of A Will Convertible Bond Corporate Bonds Cost Basis Or Tax Cost Coupon Rate Credit Shelter Trust Current Yield (Or Yield To Market) Custodian-To-Custodian Transfer (IRA) Cyclical Stocks

Current Yield (Or Yield To Market) The definition of current yield varies with the type of asset: For stocks, the current yield is calculated by dividing the projected annual dividend by the current market price of the stock. For bonds and other debt instruments, the current yield is calculated by dividing the annual interest paid by the current market value of the bond.

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