### Question
How is the term introductory period defined?


### Answer
The term **introductory period** is defined in *15 U.S.C. § 1637* as the following:

> the maximum time period for which the temporary annual percentage rate may be applicable

#### Citation:
  - *15 U.S.C. § 1637*
  - Heading: **CHAPTER 41-CONSUMER CREDIT PROTECTION > SUBCHAPTER I-CONSUMER CREDIT COST DISCLOSURE > Part B-Credit Transactions**

