APR definition

APR means, with respect to any Receivable, the annual percentage rate of interest stated in such Receivable.
APR. This means annual percentage rate which is the interest rate.
APR of a Contract means annual percentage rate and is the annual rate of finance charges specified in such Contract.

Examples of APR in a sentence

  • The DPR and corresponding APR used to calculate the FINANCE CHARGE for your Card will be stated in a Credit Voucher provided to you when you open your credit card account.

  • There is no limit on the amount by which this variable APR can change in any month.

  • A variable DPR and APR will be used to calculate the interest charge applicable to your account, after the expiration of any applicable introductory rate period.

  • The margin and the corresponding APR applicable to your account will be stated in a Credit Voucher provided to you when you open your account and thereafter in Credit Vouchers or notices, and may depend on your credit qualifications, income, credit or employment history, product selection, or participation in a BECU rewards program.

  • Fiscal support for this Agreement shall be by APR XXXXX III CO Program of the New Haven Board of Education, Account Number: 2553-6399-56694 Location Code: 0018.


More Definitions of APR

APR means, with respect to a Receivable, the annual rate of finance charges stated in the related Contract or then applicable to such Receivable.
APR of a Contract means the annual percentage rate used to determine the total interest expected to be charged over the term of a Contract as of its inception, as shown on such Contract.
APR means, with respect to a Receivable, the rate per annum of finance charges stated in such Receivable as the “annual percentage rate” (within the meaning of the Federal Truth-in-Lending Act). If, after the Closing Date, the rate per annum with respect to a Receivable as of the related Cutoff Date is reduced (i) as a result of an Insolvency Proceeding involving the related Obligor or (ii) pursuant to the Servicemembers Civil Relief Act or similar State law, “Annual Percentage Rate” or “APR” shall refer to such reduced rate.
APR of a Receivable shall mean the annual percentage rate of interest stated in the Contract related to such Receivable.
APR means, with respect to a Receivable, the annual contractual rate of interest stated in the related Contract as being payable by the Obligor, it being understood that this is not necessarily the “annual percentage rate” as disclosed in the Contract for such Receivable pursuant to the federal Truth in Lending Act.