The value of a 52 - week Treasury bill at expiration is equal to its principal payment,
which in nominal terms is known with certainty.
Not exact matches
Comments: «S&P 500 sales,
which are measured
in nominal terms, will rise by 4.4 %
in 2013 and 4.7 %
in 2014.
By secular reflation, we mean at least a decade
in which short - and long -
term interest rates stay habitually below
nominal GDP growth and high grade bonds are not really bonds any more: delivering trend returns that are close to zero or even negative.
In contrast, medium -
term inflation expectations implied by financial market prices,
which are calculated as the difference between
nominal and indexed bond yields, have been broadly stable at around 2.6 per cent over the past nine months.
After an extended period
in which the economy contracted
in nominal terms,
nominal GDP also rose slightly over the year (Graph 4).
The resulting «bracket creep» pushes those who receive even modest salary increases,
which have increased
in nominal terms under inflation but not
in terms of real value, into higher tax brackets.
So if we can not allow piecemeal bankruptcies to clear the system, then what is the alternative except national bankruptcy —
which takes the form of meeting all the claims
in nominal terms and then hyper - inflating?
Russ Wood Says: JVDeLong wrote — So if we can not allow piecemeal bankruptcies to clear the system, then what is the alternative except national bankruptcy —
which takes the form of meeting all the claims
in nominal terms and then hyper - inflating?
This method expresses the
nominal rate of return
in real
terms,
which keeps the purchasing power of a given level of capital constant over time.
In nominal terms, this is GDP growth of 10 %,
which is so far above the average GDP growth that investors fail to anticipate it, and therefore misprice equities.
(1) Each lawyer or law firm
in receipt of
nominal or short -
term client funds shall establish one or more IOLTA accounts with an eligible financial institution authorized by federal or state law to do business
in the state of Illinois and
which offers IOLTA accounts within the requirements of this Rule as administered by the Lawyers Trust Fund of Illinois.
There are several
term plans, available
in the market,
which can help an individual to increase their insurance cover at a very
nominal premium.
However, this needs to be seen
in the context of property prices growing by 3.5 to 5 %
in nominal terms,
which is below the current rate of inflation.