| 词汇 | effective-annual-rate |
| 释义 | effective annual rate noun[ C ] ukus(alsoeffective annual interest rate) FINANCE the actual rate of interest paid or charged over one year: The effective annual rate is the amount of interest charged on an overdraft, not including any fees or charges. Examples of effective annual rateeffective annual rate For a loan with a 10% nominal annual rate and daily compounding, the effectiveannualrate is 10.516%. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The "effectiveannualrate" is the total accumulated interest that would be payable up to the end of one year divided by the principal. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In retail finance, the annual percentage rate and effectiveannualrate concepts have been introduced to help consumers easily compare different products with different payment structures. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. We retain only one rate, the overall effectiveannualrate. From Europarl Parallel Corpus - English How can the lender state what is the effectiveannualrate of interest if there are no drawings? From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 We are also very concerned that no provision has been made for an exemption for agreements for cash loans where the effectiveannualrate does not exceed a specified level. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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