Effective annual interest rate

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

Related Terms: 5 Consideration, Interest, Interest rate, OCC, Ratio

Other Related Pages: Category: Lending_and_Credit Starting With: E

Additional Related Terms: 10-K, Asset/equity ratio, Adjustable rate, Accrual of discount, Accrued interest, After-tax basis, Amortization of premium, At par, All or any part, At best