Quiz: "rally" or "yield"?
The correct answer is: yield
The yield on ten-year Italian bonds has hit seven per cent, despite Berlusconi's decision to go.
Here, "yield" refers to the interest that has to be paid on money invested in the Italian bonds. Greece received its first bailout when the yield on its bonds went up to seven per cent.
We use "yield" to talk about profit: "Such an investment would guarantee an annual yield of four per cent."
We use "yield" to refer to production, particularly in agriculture: "This year's yield was much lower."
A rally is an increase or improvement in value. It's also used as a verb.
"On the news that Berlusconi would resign, Italian stocks rallied briefly."
The verb rally can also mean "come together to provide support".
"The manager called on his staff to rally behind his decision."
A rally is also a meeting of a large group of people.
"Thousands of people came to the anti-war rally last week."
A rally is also a race.
"I dreamt of being a rally driver when I was a boy. I love cars."
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