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Nominal interest rate - Financial definition

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Translations:      FR  taux d'intérêt facial (n.m.) , taux d'intérêt nominal (n.m.)     ES  tipo de interés nominal (n.m.)     DE  Nominalzinssatz (n.m.) 

  Concise definition of the term nominal interest rate

The nominal interest rate is the rate of interest as it is stated for a financial contract or instrument. It does not take into consideration adjustments for inflation, fees, taxes or the effect of compounding.

 Additional information related to this definition

Definitions of related terms

Compounding  •  Inflation  •  Interest rate

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