In legal and contractual terms, “yield” usually refers to giving something up – such as a right, benefit, or claim. In employment contracts, you might see it used in restrictive covenants, where an employee agrees to yield certain freedoms (like working for a competitor) after leaving a role.
It might also refer to the overall return or generated income by an investment over a period of time. In property and conveyancing, “yield” is often used to describe the rental return of a buy-to-let or commercial property, usually shown as a percentage of its value.
Whether it’s used in employment law or property, the key is context – understanding what’s being yielded, or what’s being measured, is essential before signing or comparing contracts.