percentage rate
Word Rarity
Uncommon
Frequency: Zipf frequency 4.39 in modern English
19
Scrabble Score
14
Letters
3
Syllables
8
Unique Chars
Meaning
noun
A measure to show a change or relationship between two numbers as a fraction of 100, over a certain time.
noun
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.
Example Sentences
- "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."
Subject
Wiktionary places this term in Mathematics.
Inflected Forms
Phrases
Annual percentage rate
Frequently Paired Words
Annual percentage rate