NOMINAL INTEREST RATE Definition

Bookmark and Share

NOMINAL INTEREST RATE is the stated, or named, interest rate in a note or contract; the nominal interest rate may differ from the true or effective interest rate. See EFFECTIVE INTEREST RATE.

Learn new Accounting Terms

RUPIAH is a currency of Indonesia.

MARKET SEGMENT is a group of consumers, within a broader market, that has similar characteristics and needs.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.