annual percentage rate: the annual rate of interest; the total interest to be paid in a year divided by the balance due.
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Examples from the Web for apr
Ties were broken according to each institution's multiyear APRs, which represent the APR scores from the preceding four seasons.
annual percentage rate
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