Glossary

U - Z

Union - An organization of working people united in the common cause of building stronger workplaces and giving working people a voice on their jobs and in their communities.

Vacancy Rate - The ratio between the number of vacant units and the total number of units in a multi-tenant building or development.

Very Low Income - A term used to describe household incomes that do not exceed 50% of the area median income.

Yield (Current) - For bonds and notes, the coupon rate divided by the market price. This is not an accurate measure of total return, since it does not factor in capital gains or losses.

Yield Curve - The term structure of rates that depicts the relationship between yields and maturity dates at a specific point in time for a similar set of bonds. This term usually refers to U.S. Treasury bonds.