Corporate Equivalent financial definition of Corporate Equivalent. Corporate Equivalent finance term by the Free Online Dictionary.

Corporate Equivalent

A comparison of yield between taxable bonds selling at par and tax-exempt bonds selling at a discount. A corporate bond yields less than its stated interest rate because of taxation, whereas a tax-exempt municipal bond does not. Thus, a municipal bond paying a lower interest rate will often net the bondholder more than a corporate bond with a slightly higher interest rate, depending upon one's tax bracket. The corporate equivalent yield measures how much this difference is. See also: Municipals-over-bonds spread.

corporate equivalent

The yield that would need to be realized on a taxable bond selling at par in order to achieve the same aftertax yield to maturity of a bond selling at a premium or discount. For example, a $1,000 par, 10% coupon bond that sells for $900 and is due to mature in five years would provide a yield to maturity of 12.8%. However, after taxes have been paid at a rate of 28% on the $100 gain ($1,000 - $900) and 28% on the $100 annual interest payments, the aftertax yield to maturity is slightly under 10%. The corporate equivalent yield is 0.1/(1 - 0.28), or 13.9%.

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Corporate Equivalent Yield Rendimento equivalente corporativo	Companies might feel an overwhelming desire to return to the corporate equivalent of comfort food--a focus on operating the core business as effectively as possible. What's next for innovation? How to stay inventive in a time of ... by Anthony, Scott D. / Chief Executive (U.S.) I'm repeating myself, but the most critical point is that the presenter should be the corporate equivalent of Superman or Wonder Woman. Your most important training event by Hubbard, Andrew S. / Mortgage Banking Really you deserve the corporate equivalent of a tar and feathering because you''ve let down your organization. Idea Management - the Measure of Innovation by Steven Vannoy And Craig Ross / Business community	Core Holding Core Holdings Core Inflation Core Plus core space core-based statistical area CORENET Global Corner Corner a Market corner influence corner of Main and Main Cornering the Market Corporate Corporate Acquisition Corporate Action Corporate and Criminal Fraud Accountability Act of 2002 Corporate Anorexia Corporate Bankruptcy Corporate Bond Corporate Bond Fund Corporate Bond Short-Term Fund Corporate Bonds Corporate Cannibalism Corporate Charter Corporate Citizenship Corporate Equivalent Corporate Equivalent Yield Corporate finance Corporate Financial Management Corporate Financial Planning Corporate Financing Committee Corporate Governance Corporate Income Fund Corporate Inflation-Linked Securities Corporate Inversion Corporate Processing Float Corporate Raider Corporate Repurchase Corporate Restructuring Corporate Tax Corporate Tax View Corporate Taxable Equivalent Corporate Trust Corporate Veil Corporate Welfare Bum corporation Corporazione di fatto corporeal corpus CORR Correcao monetaria	Corporate Emerging Markets Bond Index Corporate Employee Financial Services Corporate Employee Information System Corporate Engineering Department Corporate Engineering Process Group Corporate Enterprise Training Activity Resource Systems Corporate enterprises Corporate enterprises Corporate enterprises Corporate enterprises Corporate enterprises Corporate entity Corporate entity Corporate entity Corporate entity Corporate entity Corporate Entrepreneurship Assessment Instrument Corporate Environmental Action Plan Corporate Environmental and Social Responsibility Corporate Environmental Data Services Program Corporate Environmental Enforcement Council Corporate Environmental Governance Corporate Environmental Governance Programme Corporate Environmental Management Program Corporate Environmental Report Corporate Environmental Responsibility Group Corporate Environmental Risk Management Corporate Equalities Management Group Corporate Equality Index Corporate Equity Reduction Transaction Corporate Equivalent Corporate equivalent yield Corporate Equivalent Yields Corporate Equivalents Corporate espionage Corporate espionage Corporate ethics Corporate Ethics Focus Group Corporate Europe Observatory Corporate Exchange Architecture System corporate executive Corporate Executive Board Corporate Executive Information System Corporate executive officer Corporate executive officer Corporate executive officer Corporate executive officer Corporate Executive Vice President Corporate Exigency Contract Corporate Experience Data Forms Corporate Express Document Print Management Corporate Failure Priority List Corporate Family Rating Corporate fascism Corporate fascism Corporate Files On-line corporate finance corporate finance corporate finance corporate finance corporate finance

Mentioned in

References in periodicals archive

Financial browser

Full browser

Corporate Equivalent Yield
Rendimento equivalente corporativo

Companies might feel an overwhelming desire to return to the corporate equivalent of comfort food--a focus on operating the core business as effectively as possible.

What's next for innovation? How to stay inventive in a time of ... by Anthony, Scott D. / Chief Executive (U.S.)

I'm repeating myself, but the most critical point is that the presenter should be the corporate equivalent of Superman or Wonder Woman.

Your most important training event by Hubbard, Andrew S. / Mortgage Banking

Really you deserve the corporate equivalent of a tar and feathering because you''ve let down your organization.

Idea Management - the Measure of Innovation by Steven Vannoy And Craig Ross / Business community

core-based statistical area

CORENET Global