yieldless
English
editEtymology
editAdjective
edityieldless (not comparable)
- Not providing any yield or return.
- 1983, Martin S. Feldstein, Capital taxation, page 197:
- In the sample case of riskless and yieldless money, and a multivariate normal distribution for the yields of all other assets, Tobin's famous separation theorem implies that a proportional tax decreases the demand for money and increases the demand for all risky assets.
- (archaic) unyielding
- And Death's grim hands grip hard below / At mortared seams of the yieldless stone