Abbreviations
Below you will find the list of abbreviations and terms used in describing the APR Calculation and Treasury Rates Processing per French Regulation module.
|
Abbreviation/Term |
Expansion/Description |
|---|---|
|
APR |
Annual Percentage Rate |
|
TEG |
Taux effectif global. It is translated as APR in English |
|
TAEG |
Taux actuariel effectif global. It is translated as APRC in English |
|
MLR |
Maximum Legal Rate |
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