Annual percentage yield

From MarketsWiki
Jump to: navigation, search
RCG Banner-Ad Leadership 300x60.png

Annual percentage yield is the rate of return on an investment for a one-year period. For financial institutions in the United States, the calculation of the APY and the related Annual Percentage Yield Earned (APYE) are regulated by the FDIC Truth in Savings Act (TISA) of 1991.