HomeTermsCompareFinance Annual Percentage Rate (apr)The definition for Annual Percentage Rate (apr):The yearly interest percentage of a loan, as expressed by the actual rate of interest paid. For example: 6% add-on interest would be much more than 6% simple interest, even though both would say 6%. The A.P.R. is disclosed as a requirement of federal truth in lending statutes and should include all finance charges. Click to compare definitions of Annual Percentage Rate (apr) Click to view definitions beginning an |