APY
Yearly interest rate
APY stands for annual percentage yield—the effective rate of return on an investment or savings account over one year, accounting for compound interest.
Unlike simple interest rates, APY reflects how often interest is compounded: The savings account offers 4.5% APY.
Higher compounding frequency produces higher APY for the same nominal rate.
The term appears constantly in banking and cryptocurrency contexts.
Combined into one
- annualizedExpressed as yearly rate
- percentageProportion out of hundred
- rateMeasured speed or charge
- returnGo back again
earnings · growth · accretion · accumulation · calculation · formula · nominal · effective
Collected works or assets
- dividendsProfits paid to shareholders
- bondsTies that unite
- treasuryStored organizational funds
- securitiesTradeable financial assets
fixed-income · maturity · reinvestment · tax-deferred · risk · diversification · brokerage · retirement
Place for safekeeping
- accountRecord of dealings
- savingsAccumulated money kept
- checkingAct of verification
- money-marketShort-term debt instrument sector
certificate · CD · high-yield · credit-union · FDIC · principal · balance · minimum
compound
Combined into one
- annualizedExpressed as yearly rate
- percentageProportion out of hundred
- rateMeasured speed or charge
return · earnings · growth · accretion · accumulation · calculation · formula · nominal · effective · variable
portfolio
Collected works or assets
securities · fixed-income · maturity · reinvestment · tax-deferred · risk · diversification · brokerage · retirement · IRA
deposit
Place for safekeeping
money-market · certificate · CD · high-yield · credit-union · FDIC · principal · balance · minimum · withdrawal
- savingssavings account, piggy bank, online savings, savings bonds, savings plan
- cryptoBitcoin, Ethereum, blockchain, cryptocurrency, tokens
- financial metricsROI, ROE, EPS, P/E ratio, PE ratio
- banking termsaccount number, routing number, balance, FDIC, bank statement
- interest ratesinterest rates, prime rate, interest, base rate, interest charge
- investment returnsrate of return, dividends, ROI, capital gains, returns
Interest on principal alone
APR · annual percentage rate · flat rate · finance charge · loan rate