Entity: APR
APR is an abbreviation with multiple meanings, including annual percentage rate in banking, appearance in slang, and April as a month. It represents interest rates, descriptions, and time periods.
APR
Etymology
The abbreviation APR can refer to different meanings, including annual percentage rate in banking, appearance in slang, and April as a month.
Definition
APR stands for annual percentage rate, which is the annual rate of interest a bank or creditor charges for lending money to a borrower. It can also be used in slang to describe appearance or refer to the month of April.
Historical Context
The term APR has evolved over time to encompass various meanings in different contexts, reflecting changes in language and usage.
Cultural Significance
In banking, APR is a crucial factor in understanding the true cost of borrowing money. In slang, it can be used to describe someone's appearance without implying any specific orientation.
Related Concepts
APR is related to concepts such as loan interest rates, additional fees, and the calculation of interest over a period of a year.
See Also
APR is a versatile abbreviation that can refer to annual percentage rate in banking, appearance in slang, or April as a month.