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Acronyms that contain the term nominal interest rate
What does nominal interest rate mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: nominal interest rate.
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What does nominal interest rate mean?
- Nominal interest rate
- In finance and economics, nominal interest rate or nominal rate of interest refers to two distinct things: the rate of interest before adjustment for inflation; or, for interest rates "as stated" without adjustment for the full effect of compounding. An interest rate is called nominal if the frequency of compounding is not identical to the basic time unit.
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"nominal interest rate." Abbreviations.com. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.abbreviations.com/nominal%20interest%20rate>.
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