Give up
Give up The loss in yield that occurs when a block of bonds is swapped for another block of lower-coupon bonds. Can also be referred to as "after-tax give up" when the implications of the profit or loss on taxes are considered.
Source: http://www.saint-claire.org/resources/Dictionary-of-Financial-and-Business-Terms.pdf
Web site to visit: http://www.saint-claire.org and www.terra.com.br
Author of the text: R. de Paula Lico Júnior
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