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ANNUAL FIXED RATE
\ˈanjuːə͡l fˈɪkst ɹˈe͡ɪt], \ˈanjuːəl fˈɪkst ɹˈeɪt], \ˈa_n_j_uː_əl f_ˈɪ_k_s_t ɹ_ˈeɪ_t]\
Definitions of ANNUAL FIXED RATE
1910 - Black's Law Dictionary (2nd edition)
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A
rate
of
interest
yearly
that
is
applied
to
an
account
balance
.
It
is
the
same
for
the
whole
year
.
1910
- Black's Law Dictionary (2nd edition)
By Henry Campbell Black
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ANNUAL FIXED RATE
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