Nominal rate of interest

 

 

 

Nominal rate of interest

 

Glossary of business

 

Definition of nominal rate of interest

 

The nominal rate of interest is the actual current rate of interest expressed as a percentage without taking any account of the rate of inflation. If the rate of inflation is subtracted from the nominal rate of interest, this is then called the 'real rate of interest'.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

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Terminology about business

 

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Definition and meaning of nominal rate of interest

 

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Meaning of nominal rate of interest

 

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