Which term describes the total income produced by a security for its holder?

The term that describes the total income produced by a security for its holder is "yield." Yield typically refers to the income generated by an investment over a certain period, expressed as a percentage of the investment’s cost, current market value, or face value. It encapsulates the idea of total earnings from the security, which may include interest payments, dividends, or other income generated during the investment period.

Understanding yield is essential for investors, as it gives insight into the profitability of a security compared to the investment amount. Moreover, yield can vary based on market conditions, interest rates, and the type of security being considered, whether bonds, stocks, or other financial instruments.

Return on investment refers specifically to the gain or loss made on an investment relative to the amount invested, but it doesn't explicitly capture the ongoing income aspect. Growth rate pertains to the increase in value of an investment over time, and market value denotes the current worth of a security in the marketplace, rather than the income it generates. Thus, yield accurately encapsulates the concept of total income produced by a security for its holder.