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Concept information

social science subjects > health and social care > health care management > accounting and activity-based costing > annual percentage rate
social science subjects > business and management > finance > annual percentage rate

Preferred term

annual percentage rate  

Definition(s)

  • The annual percentage rate (APR) associated with a loan is the effective rate that you pay on an annual basis. If i is the annual rate, and m is the number of times a year you make payments, then the APR is Various other terms for i are the quoted rate, stated rate, nominal rate, or annual rate. [Source: Encyclopedia of Health Care Management; Annual Percentage Rate]

Broader concept(s)

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-CG247L3V-F

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