What is the meaning of APR (Annual Percentage Rate)?

APR (Annual Percentage Rate) is the rate being charged for the ability to use the lender's money. Also known as the interest rate.

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APABarry Goldsmith. (2010). apr (annual percentage rate). Retrieved October 1, 2026, from http://smartdefine.org/apr_(annual_percentage_rate)/definitions/1147767
ChicagoBarry Goldsmith. 2010. "apr (annual percentage rate)" http://smartdefine.org/apr_(annual_percentage_rate)/definitions/1147767 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, apr (annual percentage rate), Smart Define, viewed 1 October, 2026, <http://smartdefine.org/apr_(annual_percentage_rate)/definitions/1147767>.
MLABarry Goldsmith. "apr (annual percentage rate)" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/apr_(annual_percentage_rate)/definitions/1147767>