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 >>

What Happens If a Bank Fails?: How the FDIC protects depositors, including providing quick access to insured funds. More...

If you really put a small value upon yourself, rest assured that the world will not raise your price. - Author Unknown

Advertising



Copyright 2009-2017 GVC. All rights reserved.