Effective

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Revision as of 19:16, 1 November 2015 by imported>Doug Williamson (Expand first definition in relation to transaction costs.)
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  1. Referring to a hedged or all-in rate, cost or amount of income, stated after taking account of the effects of any hedging and of any related expenses including issue costs and transaction costs.
  2. An amount stated as an annual effective rate.


See also

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