fate, destiny, 1834, from Turkish qismet, from Arabic qismah, qismat portion, lot, fate, from root of qasama he divided.. From a nation of enthusiasts and conquerors, the Osmanlis became a nation of sleepers and smokers. They came into Europe with the sword in one hand and the Koran in the other: were they driven out of their encampment, it would be with the Koran in one hand and the pipe in the other, crying: 'Kismet! Kismet! Allah kehrim!' (God hath willed it!
In some areas, the annual percentage rate (APR) is the simplified counterpart to the effective interest rate that the borrower will pay on a loan. In many countries and jurisdictions, lenders (such as banks) are required to disclose the cost of borrowing in some standardized way as a form of consumer protection.
Annual percentage rate. The APR is a broader measure of the cost of your mortgage because it reflects the interest rate as well as other costs such as broker fees, discount points and some closing costs. The APR is also expressed as a percentage.Under the Truth in Lending Act, lenders are required to disclose the APR to borrowers.nnual percentage rate. The APR is a broader measure of the cost of your mortgage because it reflects the interest rate as well as other costs such as broker fees, discount points and some closing costs. The APR is also expressed as a percentage.