Business, Legal & Accounting Glossary
noun a yearly percentage rate, calculated by multiplying the monthly rate by twelve. AbbreviationAPR (NoteThe annualised percentage rate is not as accurate as the Annual Percentage Rate (APR), which includes fees and other charges.) a yearly percentage rate, calculated by multiplying the monthly rate by twelve.
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This glossary post was last updated: 20th November, 2021 | 0 Views.