The Largest Moderated Real Estate Directory Online! Professionals, Claim Your Free Listing
Find Real Estate. Houses, Agents and More
Real Estate Terms and Glossary
Select a Letter Below:
A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z  
Back to Glossary Home

Effective Interest Rate


Definition: The interest rate actually being paid by the borrower for the use of the money, distinct from nominal interest