Annual percentage rate
noun
the annual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually monthly APR
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- Annualize
to calculate for or as for an entire year: Investors earned an annualized rate of seven percent paid quarterly. to be annualized. verb (transitive) to convert (a rate of interest) to an annual rate when it is quoted for a period of less than a year: credit card companies are obliged to quote an annualized […]
- Annualised
to calculate for or as for an entire year: Investors earned an annualized rate of seven percent paid quarterly. to be annualized. verb (transitive) to convert (a rate of interest) to an annual rate when it is quoted for a period of less than a year: credit card companies are obliged to quote an annualized […]