From Longman Dictionary of Contemporary EnglishApr.Apr. (also Apr British English)the written abbreviation of AprilAPRAPR /ˌeɪ piː ˈɑː $ -ˈɑːr/ noun [countable usually singular] BFL (annual percentage rate) the rate of interest that you must pay when you borrow money
Examples from the Corpus
APR• Borrowers wanting to transfer debts to the egg credit card would pay 2.5 APR on all transfers before January 31,2001.• When the offer ends the rate is 12.9 APR.• The lender recently launched a card at a low introductory offer of 3.9 APR after its takeover of Bank One.• Cahoot, Abbey National's online arm, comes top of the heap with a very modest 8 per cent APR.• But it does shift some people's choices quite sharply in the direction of lower total cost or lower APR.• It's generally cheaper to steer clear of garage manufacturers' own hire purchase schemes unless the quoted APR is unusually low.• That is not so. APR is not the instant answer to credit choice problems.• And people say that the APR is the most important piece of information about credit terms for them.From Longman Business DictionaryAPRAPR noun [countable usually singular] FINANCE annual percentage rate; the rate of interest that you must pay when you borrow money. In many countries, the APR must be shown in advertisements offering to lend money to people, to give the true cost of borrowingThe bank is offering a 6.4% APR on loans of over £7,500.The APR takes into account not just the interest on the loan, but also any other charges you may have to pay, for example, any arrangement fee.Apr.Apr. written abbreviation for APRIL 