Regionalized Solutions
Updated On 08 January 2025 | Min(s) read

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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Published on :
Sunday, March 23, 2025 10:38:12 AM IST