English version

nominal interest rate

From Longman Business Dictionarynominal interest rateˌnominal ˈinterest ˌrateFINANCE1an interest rate on bonds that does not take account of the real price at which they are soldThe convertible bonds will carry a nominal interest rate of 8% and expire in 9.5 years.2an interest rate that is considered by itself, without referring to INFLATION (=the speed at which prices are rising)All a country gets from higher monetary growth is higher inflation, higher nominal interest rates and a less productive economy. rate
Pictures of the day
What are these?
Click on the pictures to check.