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Glossary > A > "AER" Definition

AER

stands for Annual Equivalent Rate and usually specifies the interest paid from current, deposit or savings accounts. This new term replaces CAR (Compound Annual Rate) which denoted much the same thing.

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AER - stands for Annual Equivalent Rate and usually specifies the interest paid from current, deposit or savings accounts. This new term replaces CAR (Compound Annual Rate) which denoted much the same thing.

AER : stands for annual equivalent rate and usually specifies the interest paid from current, deposit or savings accounts. this new term replaces car (compound annual rate) which denoted much the same thing.