Nominal annual rate


 

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Nominal annual rate

An effective rate per period multiplied by the number of periods in a year. Same as annual percentage rate.



Nominal annual rate

Similar Matches

Nominal dollars

Nominal dollars

Dollars that are not adjusted for inflation.


Nominal

Nominal

In name only. Differences in compounding cause the nominal rate to differ from the effective interest rate. Inflation causes the purchasing power of money to differ from one time to another.


Nominal interest rate

Nominal interest rate

The interest rate unadjusted for inflation.


Nominal yield

Nominal yield

See 'bond yield'.


Nominal

Nominal

1. In the form most directly observed or named, in contrast to a form that has been adjusted or modified in some fashion. 2. As measured in terms of money, usually in contrast to real.


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