Glossary Home | Glossary Entry Sources | Submit New Term or Provide Feedback

annual percentage rate

Owned by Dennis Daggett (Deactivated)
2018-02-17
1 min read

Often referred to as APR, it reflects the interest and noninterest costs associated with a loan expressed on an annual percentage. APR may differ substantially from the contractual interest rate stated on the note.

Authorization Path: 2.5.6.4.26.0

Glossary Home | Glossary Entry Sources | Submit New Term or Provide Feedback