Annual Percentage Rate (APR)
Business / Debt / Annual Percentage Rate (APR)
Related Words
Annual Percentage Rate (APR): The yearly interest percentage of a loan, as expressed by the actual rate of interest paid. For example: 6% add-on interest would be much more than 6% simple interest, even though both would . . . View Full Definition
Periodic Interest Rate: The periodic interest rate, sometimes called the nominal rate, is the interest rate a lender charges on the amount you borrow. Lenders are also required to tell you what a loan will actually . . . View Full Definition
Annual Rate Of Return: There are many ways of calculating the annual rate of return. If the rate of return is calculated on a monthly basis, we sometimes multiply this by 12 to express an annual rate of return. Th . . . View Full Definition
Interest Rate: The percentage rate at which interest is charged on a loan or paid on savings etc.
Word of the Day:
Profit And Loss Statement: A detailed statement of income and expenses of a business that reveals the operating position of the business over a period of time. Commonly referred to a P&L.
Synonym of the Day:
Arrange: Orchestrate, Score, Adaptorder, Dispose, Array, Organize, Sort (out), Systematize, Group, Set Up, Rank, Line Up, Align, Form, Positionsettle, Plan, Se . . . View All Synonyms
Game of the Day:
Puzzles Seductive Girls
Play this 3 scenes jigsaw puzzle games of the seductive sexy girls. Level up, difficulty increase. Drag and drop the pieces to their right place withi Play Game