Financial definitions: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
English | Spanish

Type in up to 3 stock symbols separated by commas. Ex: IMB, APPL, MSFT

Banking > Daily Factor

A decimal representing the portion of an annual yield earned in one day. Daily factors are often reported alongside current annualized yield figures, and can be translated back to the current yield by multiplying the number by 365.