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/terminology/nominal-interest-rate-definition/

Nominal Interest Rate

Description

The interest rate before adjusting for inflation. It represents the percentage by which money invested grows over a period of time, without considering the effects of inflation on the real value of the money.

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The interest rate before adjusting for inflation. It represents the percentage by which money invested grows over a period of time, without considering the effects of inflation on the real value of the money.

Terminology Terms