单词 | nominal interest rate |
释义 | nominal interest rateDefinition Market interest rate unadjusted to reflect the erosion of the purchasing power due to inflation. See also real interest rate. Use 'nominal interest rate' in a SentenceThe nominal interest rate was used in the calculation as we wanted to simplify our equation to make it understandable. We would have to look at the nominal interest rate and see if it was actually going to have an effect on us. There may be a nominal interest rate on a product that you will have to factor in to what you spend on it. |
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