IRS and Nominal: Difference between pages
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#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. | |||
#Named, or 'headline'. A nominal annual rate would be a market rate named, or quoted, in a particular financial market. | |||
#Small. For example, nominal damages or compensation would be a small amount, indicating that the party was technically in the right, but that the court did not approve of the case being brought to court in the circumstances. | |||
== See also == | == See also == | ||
* [[ | * [[Aggregate money demand]] | ||
* [[ | * [[Nominal annual rate]] | ||
* [[Real]] | |||
[[ | * [[Notional principal]] | ||
Revision as of 13:22, 20 November 2015
- 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.
- Named, or 'headline'. A nominal annual rate would be a market rate named, or quoted, in a particular financial market.
- Small. For example, nominal damages or compensation would be a small amount, indicating that the party was technically in the right, but that the court did not approve of the case being brought to court in the circumstances.
