Rate of interest unadjusted for inflation. The actual interest rate charged by a bank on a loan is in nominal dollars. This is in contrast to interest rates that have been adjusted for either past or projected inflation, called Real Interest Rates.
Nominal Rate of Interest
| Financial & Investment Dictionary: Nominal Rate of Interest |
| 5min Related Video: Nominal Rate of Interest |
Learn More
 | Real Interest Rate (insurance term) |
| Nominal Interest Rate (business term) |
| Coupon Rate (in banking) |
 | What is the difference between effective interest rates and nominal interest rates? Read answer... |
| What is interest rate? Read answer... |
| What is an interest rate? Read answer... |
Help us answer these
Post a question - any question - to the WikiAnswers community:
Copyrights:
 |
 | Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
Related answers
- What is nominal interest?
- What is the bank interest rates?
- What is the Difference between nominal and effective interest rate?
ADVERTISEMENT
Answer these
- What is Nominal interest rate?
- Nominal interest rate and its answer?
- Is nominal rate of interest the same as true rate of interest?
Mentioned in
- Real Interest Rate (insurance term)
- Nominal Interest Rate (business term)
- Coupon Rate (in banking)
- Annual Percentage Rate (APR) (in banking)
- Yield to Maturity (in accounting)
- Yield (in accounting)
- Rate of Return (in banking)
- Overdraft (in accounting)
- Effective Interest Method (in accounting)
- Interest Method (in accounting)
- Convertible Arm
- Bond Premium (in accounting)
- Interest Rate (in accounting)
- Positive Yield Curve (in banking)
