Pickup

(redirected from pickup truck)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

Pickup

The gain in yield that occurs when a block of bonds is swapped for another block of higher-coupon bonds.

Pickup

The increase in yield that an investor gains when he/she swaps a bond with a lower yield and shorter maturity for one with a higher yield and longer maturity. The pick up entails risk for the holder of the lower yield bond (that is, the one who receives the high yield bond). This is because the high yield bond is almost always of lower credit quality and the longer maturity exposes the bondholder to interest rate risk and perhaps inflation risk. However, the pick up represents a higher return than the bondholder would have received with the lower yield bond.

pickup

A gain in yield that is achieved from swapping bonds. For example, a pickup of 30 basis points comes about when bonds with a 9.70% basis are traded for bonds with a 10.00% basis.
References in periodicals archive ?
"Under a 2017 rule by the Transportation and Telecommunication Ministry every taxi service, public or private, is obliged to have official identification and signage, except for pickup trucks.
We don't usually associate luxury German car brands with pickup trucks. Ignoring a rather mediocre attempt by VW with the Amarok, it is an area of the market dominated by the Japanese brands here in Cyprus.
Musk had said in April that the pickup truck would be unveiled within 18 to 24 months.
"She was standing outside of a big pickup truck, yelling at the guy inside of it.
RAY: The problem for manufacturers is that, once you design and build a smaller pickup truck and equip it with everything a modern vehicle needs to have, it doesn't cost much less than a full-size pickup.
"We have an ambitious plan for the Indian market with our range of globally renowned pickup trucks," said Takashi Kikuchi, President and MD of Isuzu Motor India, according to an Economic Times report.
You will find that because of their size and the fact that people drive them a lot more carefully, insurance on the larger truck is cheaper than your pickup truck. I would suggest just having liability insurance on this truck, because it is unlikely to be seriously damaged in an accident, and you'll save even more money.
However, in that year almost 50 people in the State were killed in crashes in which they were not wearing a safety belt in a pickup truck. Therefore, during Oregon's Traffic Safety Month in May 2013, the Oregon Department of Transportation (ODOT) stepped up enforcement efforts focused on safety belt usage in pickup trucks, particularly at night.
Chevrolet and GMC expect crew cab models to account for 60 per cent of their 2014 light duty full-size pickup truck sales.
But the two have retained a business partnership in some areas, such as joint development of Isuzu's D-Max small pickup truck.
Summary: A driver crashed his bus into a pickup truck after suffering a heart attack while driving on Dahr al-Baidar international highway Monday.
COTTAGE GROVE - The elderly driver of a pickup truck that smashed into the Bank of America on Main Street Thursday afternoon may have suffered a medical issue, police said.