jaarlijks kostenpercentage

10:02 Sep 8, 2015
Dutch to English translations [PRO]
Bus/Financial - Finance (general)
Dutch term or phrase: jaarlijks kostenpercentage
Alright, I want to ask the opinion of the hive mind on this one.

My source text has a section heading entitled "Effectieve rente (jaarlijks kostenpercentage)"

JKP ordinarily seems to be translated as APR.

But surely if we're talking effective interest rate, it should be EAPR/EAR, after all APR is nominal, no?

My client's terminology list suggests "Annual Cost Ratio" for JKP, but that isn't something I've heard of before, and I'm not entirely sure 'the Internet' is convinced either. . .
Emma Rault (X)
United Kingdom
Local time: 19:05


Summary of answers provided
4annual percentage rate of change
Peter Simon
3annual percentage rate (APR)
Kitty Brussaard


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
annual percentage rate of change


Explanation:
That's what we get from Linguee (jaarlikse kostenpercentage, mostly), looks fine to me.


    Reference: http://www.linguee.nl/nederlands-engels/search?source=auto&q...
Peter Simon
Netherlands
Local time: 20:05
Native speaker of: Native in HungarianHungarian

Peer comments on this answer (and responses from the answerer)
neutral  Kitty Brussaard: I take it you meant 'annual percentage rate of chaRge' :-)
4 days
  -> Sure, Kitty, it was a typo as the translations in the source also show, thanks for pointing out.
Login to enter a peer comment (or grade)

4 days   confidence: Answerer confidence 3/5Answerer confidence 3/5
annual percentage rate (APR)


Explanation:
De vertaling voor jaarlijks kostenpercentage is wat mij betreft klip en klaar: annual percentage rage (APR), zoals ook door jouzelf genoemd.

Het feit dat de auteur deze term tussen haakjes toevoegt aan het kopje 'Effectieve rente' is inderdaad verwarrend. Beide begrippen zijn wel gerelateerd, dus misschien is dat de reden waarom de auteur hiervoor gekozen heeft. Of wellicht keert deze term terug in de tekst onder dit kopje. Ik zou dan ook niet zonder meer gaan sleutelen aan deze term (zoals je voorstelt bij je vraag).

What is the difference between a mortgage interest rate and an APR?
(...)
The interest rate is the cost you will pay each year to borrow the money, expressed as a percentage rate. It does not reflect fees or any other charges you may have to pay for the loan.

An annual percentage rate (APR) is a broader measure of the cost to you of borrowing money. The APR reflects not only the interest rate but also the points, mortgage broker fees, and other charges that you have to pay to get the loan. For that reason, your APR is usually higher than your interest rate.
http://www.consumerfinance.gov/askcfpb/135/what-is-the-diffe...

The effective interest rate, effective annual interest rate, annual equivalent rate (AER) or simply effective rate is the interest rate on a loan or financial product restated from the nominal interest rate as an interest rate with annual compound interest payable in arrears.

It is used to compare the annual interest between loans with different compounding terms (daily, monthly, annually, or other). The effective interest rate differs in two important respects from the annual percentage rate (APR):

the effective interest rate generally does not incorporate one-time charges such as front-end fees;
the effective interest rate is (generally) not defined by legal or regulatory authorities (as APR is in many jurisdictions).
By contrast, the effective APR is used as a legal term, where front-fees and other costs can be included, as defined by local law.
https://en.wikipedia.org/wiki/Effective_interest_rate

Kitty Brussaard
Netherlands
Local time: 20:05
Specializes in field
Native speaker of: Native in DutchDutch
PRO pts in category: 91
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search