Nominal annual rate

An effective rate per period multiplied by the number of periods in a year. The New York Times Financial Glossary

Financial and business terms. 2012.

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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. Bloomberg Financial Dictionary …   Financial and business terms

  • nominal annual rate — Fin see APR …   The ultimate business dictionary

  • Nominal interest rate — In finance and economics nominal interest rate or nominal rate of interest refers to the rate of interest before adjustment for inflation (in contrast with the real interest rate); or, for interest rates as stated without adjustment for the full… …   Wikipedia

  • Nominal annual maturity rate —   The rate of interest which is nominally returned on an investment. These rates are held in a fee table and are used as a benchmark to automatically calculate investment returns. See also Nominal annual maturity rate table …   International financial encyclopaedia

  • Annual percentage rate — Parts of total cost and effective APR for a 12 month, 5% monthly interest, $100 loan paid off in equally sized monthly payments. The term annual percentage rate (APR), also called nominal APR, and the term effective APR, also called EAR,[1]… …   Wikipedia

  • Annual Percentage Yield — (APY) expresses an annual rate of interest taking into account the effect of compounding, usually for deposit or investment products (such as a certificate of deposit). It is analogous to the Annual percentage rate (APR), which is used for loans …   Wikipedia

  • nominal — nom·i·nal / nä mən əl/ adj 1: existing or being something in name or form but usu. not in reality defenses...raised by the corporation as nominal defendant in a derivative suit R. C. Clark 2: being so small or trivial as to be a mere token… …   Law dictionary

  • Rate of return — In finance, rate of return (ROR), also known as return on investment (ROI), rate of profit or sometimes just return, is the ratio of money gained or lost (whether realized or unrealized) on an investment relative to the amount of money invested.… …   Wikipedia

  • rate — The cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the… …   Financial and business terms

  • nominal — I. adjective Etymology: Middle English nominalle, from Medieval Latin nominalis, from Latin, of a name, from nomin , nomen name more at name Date: 15th century 1. of, relating to, or being a noun or a word or expression taking a noun construction …   New Collegiate Dictionary

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