Yield is the amount of the profit divided by the amount of money invested.
Yield is also called “return on investment.”
For example, you own a mortgage where original balance was $100,000.
There were originally 120 payments due and your interest rate is 10%.
Your mortgage has 66 monthly payments still outstanding of $1,321.51 each.
You have been offered $50,000 for this mortgage by the note buyer.
What yield is the note buyer intending to get?