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

APR

noun
 
/ˌeɪ piː ˈɑː(r)/
 
/ˌeɪ piː ˈɑːr/
[singular]
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  1. the amount of interest a bank charges on money that it lends, calculated for a period of a year (the abbreviation for annual percentage rate)
    • a rate of 26.4% APR
See APR in the Oxford Advanced American Dictionary

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