annual percentage rate

an·nu·al per·cent·age rate

A a

Definitions of annual percentage rate words

noun annual percentage rate the annual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually monthly 3
noun annual percentage rate rate of interest on a loan 1
noun annual percentage rate yearly interest rate applied to an investment or loan 1

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adjective

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preposition

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exclamation

A common word. It’s meaning is known to most children of preschool age. About 99% of English native speakers know the meaning and use the word.

Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

This diagram is provided by Google Ngram Viewer

interest — the feeling of a person whose attention, concern, or curiosity is particularly engaged by something: She has a great interest in the poetry of Donne.
prime rate — the minimum interest rate charged by a commercial bank on short-term business loans to large, best-rated customers or corporations.
bank rate — The bank rate is the rate of interest at which a bank lends money, especially the minimum rate of interest that banks are allowed to charge, which is decided from time to time by the country's central bank.
prime interest rate — prime rate.

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