annual interest rate
1Stated Annual Interest Rate — The return on an investment that is expressed as a per year percentage, and that does not account for compounding that occurs throughout the year. The effective annual interest rate, on the other hand, does account for intra year compounding that …
2Effective Annual Interest Rate — An investment s annual rate of interest when compounding occurs more often than once a year. Calculated as the following: Consider a stated annual rate of 10%. Compounded yearly, this rate will turn $1000 into $1100. However, if compounding… …
3Annual percentage rate — Parts of total cost and effective APR for a 12 month, 5% monthly interest, $100 loan paid off in equally sized monthly payments. The term annual percentage rate (APR), also called nominal APR, and the term effective APR, also called EAR,[1]… …
4annual percentage rate — The actual cost of borrowing money, expressed in form of annual interest rate to make it easy for one to compare cost of borrowing money among several lenders or sellers on credit. Full disclosure of interest rate and other charges is required by …
5annual percentage rate — The actual cost of borrowing money, expressed in form of annual interest rate to make it easy for one to compare cost of borrowing money among several lenders or sellers on credit. Full disclosure of interest rate and other charges is required by …
6stated annual interest rate — The interest rate expressed as a per year percentage, by which interest payments are determined. Bloomberg Financial Dictionary See: annual percentage rate. Bloomberg Financial Dictionary …
7Stated annual interest rate — The interest rate expressed as a per annum percentage, by which interest payment is determined. The New York Times Financial Glossary …
8annual percentage rate — A yearly interest rate that includes up front fees and costs paid to acquire the loan, calculated by taking the average compound interest rate over the term of the loan. Mortgage lenders are required to disclose the APR so that borrowers can more …
9Annual Percentage Rate — ( APR) The APR is the interest rate figure that indicates the total cost of borrowing, including any charges. When you borrow money, every lender is required by law to quote this rate. The APR is the best way of comparing like with like. It was… …
10annual equivalent rate — noun An interest percentage rate calculated as if it were paid and compounded once a year (abbrev AER) • • • Main Entry: ↑annual …
