Advertising

Annual percentage yield

• Abbreviated APY. The effective, or true, annual rate of return. The APY is the rate actually earned or paid in one year, taking into account the affect of compounding. The APY is calculated by taking one plus the periodic rate and raising it to the number of periods in a year. For example, a 1% per month rate has an APY of 12.68% (1.01^12).

 
 

Follow this link for all the terms related to yield.

 
 Embedded terms in definition
 Apy
Compounding
Plus
Rate of return
Return
 
 Related Terms
 

<< Annual percentage rate Annual report >>

"Green" Banking: Saving the Environment as You Save and Borrow Money: You're probably already recycling paper, glass and plastic. But did you know you also may be able to help save the environment as you do your banking? Here are options that may be available from your bank. More...

Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great. - Mark Twain (1835-1910)

Advertising



Copyright 2009-2018 GVC. All rights reserved.