investment yield

  • The investment earnings of a life insurance company after certain tax adjustments have been made and investment expenses have been deducted (Life Insurance Company Income Tax Act of 1959).

    Internal Revenue Service 1

1Internal Revenue Service, Internal Revenue Manual 4.42.6 Glossary, http://­www.irs.gov/­irm/­part4/­irm_04-042-006.html (last accessed Dec. 22, 2009).