PYThe two-character ISO 3166 country code for PARAGUAY.
Copy statementCopy statement
This is an additional statement of your mortgage account. You are usually charged by your lender when you request a copy of an annual statement previously issued or when you request a statement outside of the normal annual statement period. Costs £10 - £20
The level of disorder in a system.
Annual percentage yield (APY)Annual percentage yield (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 effect 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 -1).
The ISO 4217 currency code for the Japanese Yen.
Pyramid schemePyramid scheme
An illegal, fraudulent scheme in which a con artist convinces victims to invest by promising an extraordinary return but instead simply uses newly invested funds to pay off any investors who insist on terminating their investment.
Further Suggestionspyramid scheme
Holding Period Yield (HPY)