| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| Effective rate | Finance | The actual yield of interest as opposed to the stated rate. For deposits, the effective rate of interest is based on the accounting method used to compute interest and the frequency of compounding. For loans, the effective rate is the stated interest rate plus fees and charges prorated over the estimated life of the mortgage, usually ten years. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
Topics by Level of Interest: EFFECTIVE RATE | ||||
| Topics sorted by level of Interest | Level (1=low, 600=high) | Topics sorted Alphabetically | Level (1=low, 600=high) | |
| Effective rate of protection | 5 | Effective rate of protection | 5 | |
Source: the editor, created by/for EVE to gauge likely levels of human interest in linguistically triggered topics (compiled across various sources, such as Wikipedia and specialty expression glosses). | ||||
