pretax yield

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Pretax Yield

A return rate on an investment before accounting for either income taxes or capital gains taxes. The pretax yield is not as useful for determining yield as the after tax yield, particularly given the fact that some investments are tax-exempt.

pretax yield

The rate of return on an investment before taxes have been considered. As with other measures of yield, pretax yield is usually stated on an annual basis.
References in periodicals archive ?
Average invested assets increased 12% from the prior year resulting from positive cash flow; however, overall pretax yields declined 14% reflecting lower available rates, some shifting to tax exempt bonds and a shortening of average maturities this quarter in the belief that meaningful interest rate increases are imminent.