Business terms and jargon explained. Your business dictionary

What is APR

APR stands for Annual percentage rate. Usually on a loan the interest is expressed as a percentage for the year. E.g. you get a 1000 loan with a APR of 10% for one year. The interest for the year will be 100 being 10% of 1000. The total amount to pay back would be 1100. Therefore the monthly repayments would be 1100 divided by 12 = 91.67

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

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

Search Term   

Quant Seigniorage Day Trading Scope Creep
Applet Interchange fee Write off Tangible Assets
Cancellation Period XR Bespoke Retail Scheme Incentive
Hedging Double Entry Accounting Warrant of distress Statement of Account
Age admitted Restraint of trade Exchange rate risk Kyat
Money Transfer Abroad Doli incapax Gatekeeper Publici juris
Obsolete Estimation Procedure Prima facie Balancing Charge
Performers Rights Sale and Leaseback Quality circles Quetzal
Euromarkets Log file Usufruct Indemnify
SMTP Annual exemption Hysteresis Aggregate holding company

Term created / updated 2005-07-16 23:12:15

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2018 Scopulus Limited. All rights reserved.