annual percentage rate

noun

the annual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually monthlyAbbreviation: APR

Nearby words

  1. annoyed,
  2. annoying,
  3. annual,
  4. annual general meeting,
  5. annual parallax,
  6. annual report,
  7. annual ring,
  8. annual rings,
  9. annualize,
  10. annually

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012