Phrases with «nominal rate»

The phrase "nominal rate" refers to the stated or advertised interest rate on a loan or investment. It gives you an idea of how much interest you will earn or have to pay, but it does not take into account other factors like fees or compounding. It is the basic rate before considering any additional costs. Full definition

Related phrases

Sentences with «nominal rate»

  • Isn't the 80 year nominal rate of return nearly 10 %? (canadiancapitalist.com)
  • In fact, there are many car insurance agencies all around the city that offer auto car insurance at very nominal rates. (autoquotenow.com)
  • This willingness to let inflation «run hot» means even as nominal rates rise, real rates — that is, the nominal interest rate minus inflation — are headed into negative territory. (hardassetsalliance.com)
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