The rate of interest excluding the effect of expected inflation; that is, the rate that is earned in terms of constant-purchasing-power dollars. Interest rate expressed in terms of real goods, i.e. nominal interest rate adjusted for expected inflation.
Similar Matches
Amortizing interest rate swap
Amortizing interest rate swap Swap in which the principal or notional amount rises (falls) as interest rates rise (decline).
And interest
And interest An indication that the buyer will receive accrued interest in addition to the price quoted for a bond.
Any interest date
Any interest date A call provision in a municipal bond indenture that establishes the right of redemption for the issuer on any interest payment due date.