Annual effective rate

(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.

See also

• Annual percentage rate
• Daily rate
• Effective annual rate
• Flat yield curve
• Quarterly rate
• Semi-annual rate
• Semi-annual basis