Dictionary

percentage rate en · NOUN

Meanings

1. A measure to show a change or relationship between two numbers as a fraction of 100, over a certain time.
   • The annual percentage rate on the mortgage loan is 4.5%, indicating the cost of borrowing money on an annual basis, including interest and fees.
2. A coefficient, expressed as a fraction of 100, of the quotient of two numbers over a specified period of time, where the denominator has the same units as the numerator but is adjusted by a unit of time. This measure indicates the proportion of a part in relation to a whole and is commonly used to describe rates of interest, growth, or change in financial and economic contexts, expressed in percentage points.

Forms

Relateds

Annual percentage rate

Translations (3)

fi prosentuaalinen muutosvauhti (coefficient) · cmn 百分點 /百分点 (coefficient) · pl stawka procentowa (coefficient)