BNET Business Dictionary
Business Definition for: APR
- annual or annualized percentage rate of interest: the interest rate that would exist if it were calculated as simple rather than compound interest.
Example: Different investments typically offer different compounding periods, usually quarterly or monthly. The APR allows them to be compared over a common period of time: one year. This enables an investor or borrower to compare like with like, providing an excellent basis for comparing mortgage or other loan rates.
APR is calculated by applying the formula:APR = [1 + i/m]m â€" 1.0In the formula, i is the interest rate quoted, expressed as a decimal, and m is the number of compounding periods per year.
The APR is usually slightly higher than the quoted rate, and should be expressed as a decimal, that is, 6% becomes 0.06. When expressed as the cost of credit, other costs should be included in addition to interest, such as loan closing costs and financial fees.
- Also known as Nominal Annual Rate
Wiktionary Definition for: APR
- #Annual Percentage Rate
Additional Resources
- PHILIPS APR HEADQUARTERS TO BE MOVED TO HONG KONG
- AsiaInfo Services 04-12-2002 Philips APR Headquarters to Be Moved to Hong Kong Hong Kong, Apr 12, 2002 AsiaPort via COMTEX -- AsiaPort - Philips Company, international giant of electronic industry, would move its headquarters in the Asian-Pac AsiaInfo Services ...
- Research articles 2002-04-12
- APC to cut funds for recyclers' group APR.(News)(American Plastics Council)( Association of Postconsumer Plastic Recyclers)
- Byline: Steve Toloken The American Plastics Council is cutting its annual funding of the Association of Postconsumer Plastic Recyclers, which has included paying the salary of APR's only staff person. Now, APC will fund specific projects with APR. Byline: Steve Toloken ...
- Research articles 2004-11-08
- APR (Annual Percentage Rate) Calculator
- The APR helps you to compare the costs of different loans. But a low APR doesn't mean you'll get a low interest rate. So, it's best to consider both APR and interest rate while comparing loans.
- Tools & templates 2008-01-01
- Haemacure's Hemaseel APR™ First Commercial Application Successful
- MONTREAL--BUSINESS WIRE--July 7, 1998--Haemacure(ME:HAE.) (TSE:HAE.) Haemacure Corporation today announced that the first commercial application of its fibrin sealant Hemaseel APRTM was successfully completed during a surgical procedure at the University of Virginia earlier this week.Hemaseel APRTM is now being distributed in the U.S. market by ...
- Research articles 1998-07-07
- APR Calculator For Adjustable Rate Mortgages
- Use this tool to determine the Annual Percentage Rate APR of your Adjustable Rate Mortgage ARM. Knowing your APR can help you compare different ARMs with different fees and terms.
- Tools & templates 2008-01-01
- `All bottles' approach gets APR approval.(Brief Article)
- The Association of Postconsumer Plastic Recyclers has endorsed an "all bottles" recycling program favored by the American Plastics Council for getting more material from existing curbside systems. APC wanted APR's endorsement before it s The Association of Postconsumer Plastic Recyclers has endorsed an...
- Research articles 2000-06-22
- EPA Bows to Refiner Pressure, Lifts Apr. 15 Deadline for
- EPA Bows to Refiner Pressure, Lifts Apr. 15 Deadline for Summer-Spec RFG EPA Bows to Refiner Pressure, Lifts Apr. 15 Deadline for Summer-Spec RFG
- Research articles 2002-02-12
- Alcon's Mary Dulle, APR, Elected to College of Fellows of PR Society
- NEW YORK -- Mary Dulle, APR, Director of Strategic Corporate Communications for Alcon Laboratories, has been elected to The College of Fellows of the Public Relations Society of America PRSA, announced Del Galloway, APR, PRSA president & CEO. Dulle is among the 18 new members to be inducted during PRSA's...
- Research articles 2004-10-27
- The 'essence' of technology. (Motorola Inc. celebrated production of its 2-billionth microcontroller on Apr 29, 1997)(Emerging Technologies.)(Brief Article)
- 00-00-0000 OVERSHADOWED BY MEDIA attention to a game between IBM's Deep Blue and chess champion Garry Kasparov was another milestone showing even more dramatic evidence of how far the integrated circuit has come into our lives. On Apr. 29 in an audi 00-00-0000 ...
- Research articles 1997-06-09
- Gourmet choices: metals, color and tea heat up show. (Apr 1997 Gourmet Products Show in San Francisco, CA)
- Retail purchasing agents at the Apr 1997 Gourmet Products Show in San Francisco, CA, wished that there had been more new products, but were pleased overall with the new emphasis on colors and metal finishes that will arrive on the shelves in 4th qtr 1997.Retail purchasing agents at the Apr...
- Research articles 1997-05-05
- APR OKs `all bottles' recycling approach.(Brief Article)
- The Association of Postconsumer Plastic Recyclers has endorsed an "all bottles" recycling program favored by the American Plastics Council for getting more material from existing curbside systems. APC wanted APR's endorsement before it s The Association of Postconsumer Plastic Recyclers has endorsed an...
- Research articles 2000-06-26
- Computerized CPA Exam Launched Apr. 5; Online Professional Literature Offered to Candidates
- The computerized Uniform CPA Examination launched successfully on Apr. 5, thanks to joint efforts by the AICPA, the National Association of State Boards of Accountancy and Thomson Prometric. The computer-based exam is more closely aligned with the real-woThe computerized Uniform CPA Examination launched successfully on Apr. 5, thanks to joint...
- Research articles 2004-05-01
- CHINA IMPORTED 239,000 TONS ALUMINIUM AND ALLOY FROM JAN TO APR 2003
- AsiaInfo Services 06-03-2003 China Imported 239,000 Tons Aluminium and Alloy from Jan to Apr 2003 BEIJING, Jun 03, 2003 SinoCast via COMTEX -- According to statistics by the General Administration of Customs of China, China imported aluminum AsiaInfo Services...
- Research articles 2003-06-03
- QuadraMed Quantim Products to Include 3M™ APR DRG Classification System Functionality
- RESTON, Va. -- QuadraMedR Corporation (Amex:QD) today announced that it has signed a three-year contract with 3M Health Information Systems to embed 3MTM APR DRG Software in QuadraMed QuantimR Coding, Compliance and Abstracting products. The agreement also permits QuadraMed to market the 3M APR DRG Software as a VAR (Value...
- Research articles 2006-09-05
- What Is The APR For This Loan?
- This tool estimates the Annual Percentage Rate APR for a given loan based on its parameters. In addition to its interest rate, we must also take into account the loan's origination fee, discount points, and all other loan fees in order to calculate the APR of the loan. Mortgage loan...
- Tools & templates 2008-01-01
- APR Mortgage Calculator
- When shopping for a mortgage, it is important to evaluate the total cost of the loan. The Annual Percentage Rate APR reflects the total cost of a loan by taking into consideration the interest rate plus any points and fees paid. Make your comparison shopping easier by using this tool...
- White papers 2009-01-01
- What Is The Real APR For That Loan?
- Even though your mortgage has a specific interest rate, when you factor points in the annual percentage rate APR may be higher. Use this tool to determine your actual APR.
- Tools & templates 2009-01-01
- APR ARM Loan Calculator
- This APR Tool can be used to estimate the Annual Percentage Rate for a loan based on input parameters. There are various ways that companies compute APR. Mortgage Loan Fees may include Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees.
- Tools & templates 2009-01-01
- APR Loan Payment Calculator
- This APR Tool can be used to estimate the Annual Percentage Rate for a loan based on input parameters. There are various ways that companies compute APR. Mortgage Loan Fees may include Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees.
- Tools & templates 2009-01-01
- STOCKS - BSE CLOSES UP - APR 4, 2002.
- STOCKS - BSE CLOSES UP - APR 4, 2002 $all $in $stx pticloser MUMBAI, Apr 4 Asia Pulse - Led by Reliance Industries Ltd RIL, select heavyweight counters rallied smartly lifting the sensex by about 50 points at close on the Bombay Stock Exchange BSE today on emergence...
- Research articles 2002-04-04
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