APR
n. C / Un. Stands for Annual Percentage Rate. The total cost you pay for borrowing money over a full year, including interest and extra fees. It helps you compare how expensive different loans or credit cards are.
n. Abbreviation for Annual Percentage Rate. The annual rate charged for borrowing or earned through an investment, expressed as a percentage that represents the actual yearly cost of funds over the term of a loan. This figure includes both the interest rate and any additional fees or costs associated with the transaction.
Check the APR before you sign the credit card agreement.
While the advertised interest rate was low, the high processing fees resulted in a much higher APR than the borrower expected.
Financial regulators require lenders to disclose the APR prominently so that consumers can make direct comparisons between competing loan products without being misled by hidden administrative costs.
The APR interest is 5%.The APR is 5%.APR stands for Annual Percentage Rate; adding 'interest' or 'rate' after the acronym is redundant.