adjusted gross income (AGI) Gross income minus allowable deductions. See net income.
annual percentage rate (APR) A measure of the total cost of borrowing over the term of the loan, including any additional fees associated with the loan.
annual percentage yield (APY) The effective annual rate of return when considering the effect of compound interest.
annual servicing fee
The amount lenders pay to reimburse a P2P lending site, such as Prosper.com
, for servicing loan payments from borrowers.
Applicable Federal Rate (AFR) The minimum interest rate set by the U.S. Treasury to calculate interest charges. Lenders must charge an interest that meets the minimum rate required by the federal government or the foregone interest ...