Devolved administration and Nominal: Difference between pages

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imported>Doug Williamson
(Create page. Source - Thompson Reuters Practical Law - https://uk.practicallaw.thomsonreuters.com/8-385-1395?transitionType=Default&contextData=(sc.Default)&firstPage=true)
 
imported>Doug Williamson
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''Government.''
#Named, or 'headline'. A nominal annual rate would be a market rate named, or quoted, in a particular financial market.
 
#A term which has <u>not</u> been restated to exclude the effects of inflation. This is the most commonly used basis for measuring and quoting financial information, also known as 'money terms'. (Contrasted with [[real]] terms.)
A local or subsidiary body that exercises powers delegated or transferred to it from a central or higher-level body.
#Small. For example, nominal damages or compensation would be a small amount, indicating that the party awarded them was technically in the right, but that the court did not approve of the case being brought to litigation in the circumstances.
 
For example, the governmental devolved administrations in the UK are the Northern Ireland Executive, the Scottish Government and the Welsh Government.




== See also ==
== See also ==
* [[Administration]]
* [[Aggregate money demand]]
* [[Devolved ]]
* [[Nominal annual rate]]
* [[Devolved matters]]
* [[Real]]
* [[Executive]]
* [[Notional principal]]
* [[Northern Ireland Executive]]
* [[Parliament]]
* [[Reserved matters]]
* [[Scottish Government]]
* [[Subsidiarity]]
* [[Welsh Government]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 16:00, 21 November 2015

  1. Named, or 'headline'. A nominal annual rate would be a market rate named, or quoted, in a particular financial market.
  2. A term which has not been restated to exclude the effects of inflation. This is the most commonly used basis for measuring and quoting financial information, also known as 'money terms'. (Contrasted with real terms.)
  3. Small. For example, nominal damages or compensation would be a small amount, indicating that the party awarded them was technically in the right, but that the court did not approve of the case being brought to litigation in the circumstances.


See also