APY

American

[ey-pee-wahy] / ˈeɪˈpiˈwaɪ /

noun

Finance, Banking.

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.

Etymology

Origin of APY

First recorded in 1970–75

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Dolev noted that 6% APY is “far above” the national average rate and competes with or exceeds U.S. money-market funds.

From MarketWatch • Apr. 16, 2026

To grow your money before the holiday rush, consider parking your sinking fund in high-yield savings accounts that often let you earn up to 5% APY.

From Salon • Nov. 26, 2024

But that’s impossible to predict, so this calculation assumes a flat 4.8% APY for the entire 18-month period.

From Seattle Times • Jul. 26, 2023

Ted Rossman, senior industry analyst for Bankrate and CreditCards.com, said that “Apple’s 4.15 percent APY isn’t at the very top of the table, but it’s close.”

From Washington Post • Apr. 28, 2023

Those firms offer clients anywhere from a 2% annual percentage yield to as high as 40% APY on certain tokens.

From Reuters • Feb. 10, 2023

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023