Meaning Periodic rate
What does Periodic rate mean? Here you find 12 meanings of the word Periodic rate. You can also add a definition of Periodic rate yourself
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Periodic rateThe monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month.
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Periodic rateThe interest rate described in relation to a specific amount of time. The monthly periodic rate, for example, is the cost of credit per month; the daily periodic rate is the cost of credit per day.
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Periodic rateThe interest rate over a specific period of time. A monthly periodic rate is the cost of credit per month. A daily periodic rate is the cost of credit per day, and so forth.
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Periodic rateThe interest rate described in relation to a specific amount of time. For example, the Monthly Periodic Rate is the cost of credit per month
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Periodic ratePeriodic rate is a loan's rate of interest, converted to be applicable to a time period other than one year. Interest rates are normally based on one year, but sometimes it's useful to know [..]
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Periodic rateAccording to 15 USCS Appx 12 CFR § 226.2 (21), [Title 15. Commerce and Trade; Chapter 41. Consumer Credit Protection; Truth in Lending Regulations. (Regulation Z); Subpart A. General] the term periodi [..]
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Periodic rateA rate imposed over a specific amount of time.
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Periodic rate Annual Percentage Rate (APR) divided by the days, weeks or months in a year.
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Periodic rateAnnual Percentage Rate (APR) divided by the days, weeks or months in a year.
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Periodic rateThe rate you are charged each billing period. For some credit card plans, the periodic rate is a monthly rate, calculated by dividing the APR by 12. For example, a credit card with an 18% APR has a monthly periodic rate of 1.5%.
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Periodic rateThe interest rate described in relation to a specific amount of time. The monthly periodic rate, for example, is the cost of credit per month; the daily periodic rate is the cost of credit per day.
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Periodic rateThe monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month.
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