APR
Abbreviation for Annual Percentage Rate: the rate at which someone who borrows money is charged, calculated over a period of twelve months:
The interest rate on my credit card is currently 25.5 percent APR. (Cambridge Dictionary).
The rate at which interest on a loan is calculated over the period of a year
APR is an abbreviation of “annual percentage rate.” (The Britannica Dictionary).
The annual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually monthly (Collins English Dictionary)
APR. (2024). English Meaning - Cambridge Dictionary. Retrieved from https://dictionary.cambridge.org/dictionary/english/apr
APR. (2024). Britannica Dictionary. Retrieved from https://www.britannica.com/dictionary/APR
APR. definition and meaning | Collins English Dictionary. (2024). In Collins Dictionaries. Retrieved from https://www.collinsdictionary.com/dictionary/english/apr