Usually means: Interest rate accounting for compounding.
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We found 9 dictionaries that define the word Effective interest rate:

General (1 matching dictionary)
  1. Effective interest rate: Wikipedia, the Free Encyclopedia

Business (7 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. EFFECTIVE INTEREST RATE: Accounting Glossary
  3. Effective Interest Rate: Bloomberg Financial Glossary
  4. effective interest rate: Financial dictionary
  5. Accounting, Business Studies and Economics Dictionary (No longer online)
  6. BusinessDictionary.com (No longer online)

Science (1 matching dictionary)
  1. effective interest rate: PlanetMath Encyclopedia

Definitions from Wikipedia (Effective interest rate)

noun:  The effective interest rate, effective annual interest rate, annual equivalent rate or simply effective rate is the percentage of interest on a loan or financial product if compound interest accumulates in periods different than a year.

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