Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “AER”

AER

noun [S]
 
 
BANKING, FINANCE
abbreviation for annual equivalent rate: the rate of interest that an investor will receive if they leave a particular amount of money in an account for one year: The 7% interest rate is valid for six months, and then drops to 6% for six months, making an AER of 6.5% for the year.
(Definition of AER from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of AER?
Add Cambridge dictionaries to your browser to your website

Word of the Day

beer mat

a small piece of cardboard that you put under a glass to protect a table surface in a pub or bar

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More