Printer Friendly
The Free Dictionary
989,675,028 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Effective Interest Rate

   Also found in: Acronyms, Wikipedia 0.04 sec.
Effective Interest Rate
The annual rate at which an investment grows in value when interest is credited more often than once a year.

?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
SL Green completed a refinancing of the first mortgage loan on 485 Lex with a 10-year interest only mortgage with effective interest rate of 5.
Average net consolidated assets (billions of dollars) 4,149 4,379 4,737 5,148 Effective interest rate (percent) (2) Rates earned Interest-earning assets 8.
Since the truck's payments make you effectively borrow more to buy the farm, your effective interest rate on the new rig is the 7.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.