HomeDefinitionsCompareDebt Periodic rateThe financial definition for Periodic rate:The monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month. Similar MatchesPeriodic call auctionPeriodic call auctionSelling stocks by bid at intervals throughout the day. Periodic payment planPeriodic payment planAccumulation of capital in a mutual fund by making regular payments on a monthly or quarterly basis. Periodic paymentsPeriodic paymentsA series of payments from an annuity, qualified retirement plan, or 403(b)(7) account made over a certain term of years. A payment from an IRA, even if over a period of years, is not considered a periodic payment for tax purposes. Further SuggestionsPeriodic purchase deferred contractClick to compare definitions of Periodic rate Click to view definitions beginning pe |