411 REFERENCE · Wiktionary
Effektivzins
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
German
Etymology
de :af effektiv<t:effective> Zins<t:interest>
From de effektiv Zins effective interest.
Pronunciation
de /ɛfɛkˈtiːfˌt͡sɪns/
de De-Effektivzins.ogg <<Germany>> (<<Berlin>>)
de Ef fek tiv zins
Noun
m,es,en
de finance banking effective interest rate the total cost of a loan per year, including all fees and charges, expressed as a percentage
de Beim Kreditvergleich ist der Effektivzins aussagekräftiger als der Nominalzins. When comparing loans, the effective interest rate is more meaningful than the nominal interest rate.
de Die Bank ist gesetzlich verpflichtet, den jährlichen Effektivzins im Kreditangebot anzugeben. The bank is legally required to state the annual effective interest rate in the loan offer.
Declension
m,es,en
Synonyms
de Effektivzinssatz effective interest rate
de effektiver Jahreszins effective annual interest rate
Antonyms
de Nominalzins nominal interest rate
de Sollzins borrowing rate, debit interest
Coordinate terms
de Bearbeitungsgebühr processing fee
de Disagio agio, discount
de Vermittlungsprovision brokerage commission
References