Meaning PERIODIC RATE: The monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month
More terms such as Periodic rate in Dictionary P.
- Definition Post-Dated Check:
- Examples A check that becomes payable and negotiable on a future date specified periodic rate definition.
- Definition Principal Stockholder:
- Examples A stockholder who owns 10% or more of the voting stock of a company. Such stockholders must report all trading in the stock to the SEC pursuant insider trading rules periodic rate explain.
- Definition Portfolio Management:
- Examples Related: Investment management periodic rate what is.
- Definition Philadelphia Stock Exchange (PHLX):
- Examples A securities exchange trading American and European foreign currency options on spot exchange rates periodic rate meaning.
- Definition Pooling Of Interests:
- Examples method for reporting acquisitions accomplished through the use of equity. The combined assets of the merged entity are consolidated using book value, as opposed to the purchase method, which uses periodic rate abbreviation.
