Nominal Interest Rate definition
Examples of Nominal Interest Rate in a sentence
Each Bond bears interest from the Issue Date (included) at the Nominal Interest Rate payable annually in arrears on 28 June of each year (the Interest Payment Date), with the first Interest Payment Date falling on 28 June 2014.
The gross yield of the Issue Price for investors was the Nominal Interest Rate.
The gross yield of the Issue Price for investors is the Nominal Interest Rate.
Early repayment Without penalty (see Clause 6.4 of the General Conditions) Claim of past due debit positions The unpaid loan continues to generate interest (see Clause 9) Email from Lender ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ o The monthly NIR (Nominal Interest Rate) and AER (Annual Equivalent Rate) of this contract are 30% and 2333.95% respectively.
The equivalence factor for vehicles not classified in category 1 will be the Fare Multiplier according to the table provided in sub-clause 17.2.6 of the Agreement, for each category, rt: Nominal Interest Rate equivalent to the Marginal Cash Flow discount rate provided for in sub-clause 21.5 defined below in year t: In which: 𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡 𝑅𝑎𝑡𝑒 = [(1 + 𝑖) × (1 + 𝑓)] − 1 Interest Rate: interest rate that will be applied to the remaining balance of Account C (rt) .
Each Bond bears interest from the Issue Date (included) at the Nominal Interest Rate payable annually in arrears on 28 May of each year (the Interest Payment Date), with the first Interest Payment Date falling on 28 May 2015.
The Annual Equivalent Rate (AER) is calculated in accordance with the Contract and comprises the Nominal Interest Rate as well as the fees and expenses applicable.