Advertisement

Advertisement

APY

[ ey-pee-wahy ]

noun

, Finance, Banking.
  1. annual percentage yield: the annual rate of interest that a savings account or investment will return to the person who owns it, including any compound interest. Compare APR ( def ).


Discover More

Word History and Origins

Origin of APY1

First recorded in 1970–75

Advertisement

Advertisement

Advertisement

Advertisement


apx.apyrase