0 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.
NYA ORD
European
May 10, 2021
DAGENS ORD
Shimmer
AER