APR

¹

[ ey-pee-ahr ]

noun

, Finance, Banking.

1. annual percentage rate: the annual rate of interest that a bank or other creditor charges for lending money to a borrower. Compare APY ( def ).

Apr.

²

abbreviation for

1. April.

APR

¹

abbreviation for

1. annual percentage rate

Apr

²

abbreviation for

1. April

Word History and Origins

Origin of APR¹

First recorded in 1970–75

Example Sentences

The Treasury said 40% of APR had been going to "the 7% wealthiest claimants", and that it had "made a difficult decision to ensure the relief is fiscally sustainable".

From BBC

Chancellor Rachel Reeves has said in some cases, the APR threshold could in practice be about £3m, where other IHT allowances also apply.

From BBC

For years, the APR tax relief has enabled small family farms – including land used for crops or rearing animals, as well as farm buildings, cottages and houses - to be handed down through the generations.

From BBC

You can also try the one that charges the highest APR.

From Salon

If you can't get a lower rate or have trouble compromising, consider a balance transfer credit card with a 0% APR for a set amount of months, usually ranging from nine to 21.

From Salon