Effective

1.

Referring to a hedged or all-in rate, cost, or amount of income, stated after taking account of the effects of any hedging and of any related expenses - including issue costs and transaction costs.

2.

More broadly, any comparable measure taking appropriate account of all relevant factors - for example front end fees or other expenses - but not necessarily a hedged measure.

3.

An amount stated as an annual effective rate.

See also

• Annual effective rate
• Effective interest rate
• Hedging