Annual effective rate: Difference between revisions
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Broadly the same as Effective Annual Rate (EAR). | Broadly the same as Effective Annual Rate (EAR). | ||
The term AER is more commonly used in the context of retail investment, though not universally. | The term AER is more commonly used in the context of retail investment and retail savings rates, though not universally. | ||
The term EAR is used more generally in the wholesale context, both for borrowing and for investment. | The term EAR is used more generally in the wholesale context, both for borrowing and for investment. |
Revision as of 22:36, 15 July 2021
(AER).
Broadly the same as Effective Annual Rate (EAR).
The term AER is more commonly used in the context of retail investment and retail savings rates, though not universally.
The term EAR is used more generally in the wholesale context, both for borrowing and for investment.