Periodic rate: Difference between revisions
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1. Periodic rate of interest. | 1. | ||
Periodic rate of interest. | |||
2. | |||
Any amount, usually expressed in percentage or decimal terms, applied as a proportionate amount per period and in relation to an actual or notional principal value. | |||
For example, a periodic rate of discount. | |||
== See also == | == See also == | ||
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* [[Periodic rate of interest]] | * [[Periodic rate of interest]] | ||
* [[Principal]] | * [[Principal]] | ||
Revision as of 13:38, 21 August 2013
1.
Periodic rate of interest.
2.
Any amount, usually expressed in percentage or decimal terms, applied as a proportionate amount per period and in relation to an actual or notional principal value.
For example, a periodic rate of discount.
