effective annual interest rate Definition

effective annual interest rate

Definition

The actual annual interest rate that accrues, after taking into consideration the effects of compounding (when compounding occurs more than once per year).

Copyright©2009 by InvestorWords.com. ALL RIGHTS RESERVED.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Popular 'Banking' Terms

negotiable
letter of credit
bank draft
bank
commercial bank

account
overdraft protection
compound interest
overdraft
lockbox

Related Personal Finance Articles

Loading...

effective annual interest rate in the news

Loading...

Tools

effective annual interest rate is ...

... part of the Banking and Lending & Credit subjects.

Nearby Terms

edict
education credit
Education IRA
EEK
effective age
effective annual interest rate
effective date
effective debt
effective duration
effective net worth
effective par

Search volume for effective annual interest rate

effective annual interest rate is mentioned in these Investment Tips

How to Be Extra Cautious When You Urgently Need Money

More Investment Tips

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Get our content on your iGoogle page | RSS

RSS

Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
Disclaimer and Copyright©