HomeDefinitionsCompareDebt Effective Interest RateThe financial definition for Effective Interest Rate:The annual rate at which an investment grows in value when interest is credited more often than once a year. Similar MatchesAnnual effective yieldAnnual effective yieldSee: Annual percentage yield. Effective annual interest rateEffective annual interest rateAn annual measure of the time value of money that fully reflects the effects of compounding. Effective annual yieldEffective annual yieldAnnualized interest rate on a security computed using compound interest techniques. Further SuggestionsEffective call priceEffective debt Effective margin (EM) Effective net worth Effective rate Effective sale Effective tax rate Click to compare definitions of Effective Interest Rate Click to view definitions beginning ef |