Business / Taxes / Current Return: Current return, also called current yield, is the amount of interest you earn on a bond in any given year, expressed as a percent of the current market price. The current return will, in most cases, not be the same as the coupon rate, or the interest rate the bond pays calculated as a percentage of its par value. For example, if the par, or face value, of a bond is $1,000 and the coupon rate is 5%, then the interest payments, or annual income, from the bond is $50 per year. If however the bond is trading at $900, then that $50 annual income is actually a current return of 5.5%. The current return does not take capital gains or losses into account, so it is not a reflection of the total return on your bond investment.
Current Adjective Synonyms: contemporary, ongoing, present, contemporaneous, simultaneous, coeval
Current Noun Synonyms: course, progress, tendency, tenor, drift, trend, inclination, mainstream
Return Adjective Synonyms: exchange, bring back or carry back
Return Noun Synonyms: replace, put back, restore, give back, bring or carry back
Return Verb Synonyms: come or go back, revert, turn back
Science / Tides and Currents / Peru Current: A South Pacific Ocean current setting northward along the west coast of South America. It has sometimes been called the Humboldt Current because an early record of its temperature was taken by the Ger MORE
Science / Tides and Currents / Permanent Current: A current that runs continuously and is independent of tides and other temporary causes. Permanent currents include the general surface circulation of the oceans. MORE