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YARD 1) A tract of ground next to, surrounding, or surrounded by a building or buildings. 2) A tract of ground, often enclosed, used for a specific business or activity. 3) A winter pasture for deer or other grazing animals. 4) An enclosed tract of ground in which animals, such as chickens or pigs, are kept.
YIELD a return for effort or investment: bonds that yield well. The product of time, effort or investment.
YIELD CAPITALIZATION Method used to estimate value from annual net operating income by applying a capitalization rate derived by analyzing each of the rate's component parts to provide both return on and return of the investment.
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