Definition of APR noun from the Oxford Advanced Learner's Dictionary



BrE BrE//ˌeɪ piː ˈɑː(r)//
; NAmE NAmE//ˌeɪ piː ˈɑːr//
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the abbreviation for annual percentage rate (the amount of interest a bank charges on money that it lends, calculated for a period of a year) a rate of 26.4% APR
See the Oxford Advanced American Dictionary entry: APR

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