Yield Law and Legal Definition. When making a left-hand turn: Always give the right-of-way to approaching vehicles that do not have stop or yield signs. It means slow down, defer to oncoming traffic, stop if necessary, and proceed when it’s safe to do so. Yield to drivers going straight. For many drivers, the idea of the right-of-way can simply be a reference to the requirement that one needs to obey all traffic laws, including those at a controlled intersection. Use the DriversEd.com Driving Glossary as a quick way to define useful driving terms you should know. Setting the bond yield equal to its coupon rate is the simplest definition. When in roundabouts: Yield to all traffic already in the circle. yield definition: 1. to supply or produce something positive such as a profit, an amount of food or information: 2…. Thus, yield is a major decision-making tool used both by companies and investors. Sometimes in the book, it says things like "entering traffic must yield to traffic already on the roadway." See more. What does yield mean when driving? At a yield sign, drivers must slow down and yield the right-of-way to pedestrians and vehicles that are approaching from another direction. Enter only when there is a gap in traffic. Here’s how the math works: Bond A has a price of $1,000 with a coupon payment of 4%, and its initial yield to maturity is 4%. I'm 16 and going to take my permit test in Pennsylvania in a couple days when I think I'm ready. The yield sign is a regulatory sign. In a financial context, it is the annual rate of return on an investment, expressed as a percentage. Learn more. Yield to drivers going straight. Yield is a term subject to different definitions. What Yielding the Right of Way Means Written by Greg on August 12, 2014. Yield definition, to give forth or produce by a natural process or in return for cultivation: This farm yields enough fruit to meet all our needs. Stop vs Yield: A Summary of Who is Right. Over the course of the following year, the yield on Bond A has moved to 4.5% to be competitive with prevailing rates as reflected in the 4.5% yield on Bond B. Annoying or not, they’re actually practicing proper safe driving skills – because after all, better stopped than sorry. We’ve seen many a tweet and opinion online about how people who stop at yield signs can be some of the most annoying drivers on the road. It may be calculated according to various methods. In other words, it pays out $40 of interest each year. Yield – This sign is meant to alert you to any upcoming hazards, road conditions, or oncoming traffic (there are signs which signal for you to yield prior to merging to avoid accidents). Yield to pedestrians and cyclists crossing the street. 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