effective rateglossary / effective rate The actual annual interest rate, which incorporates compounding when calculating interest, rather than the stated rate or coupon rate. 词条贡献者 法律翻译王漾,在一家顶尖英国律师事务所的上海办公室担任全职法律翻译,专注翻译各类与大中华业务有关的法律文件。