The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

NOMINAL ANNUAL RATE Definition & Legal Meaning

Definition & Citations:

An investment or debt instrument’s stated annual interest rate. Does not include a compounding component and is not adjusted even if the return is paid monthly, semiannually or annually. Also known as effective annual interest rate.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

Browse Legal Articles

Bankruptcy

Business Formation

Business Law

Child Custody & Support

Contracts

Criminal Law

Divorce

DUI/DWI

Employment & Labor Law

Estate Planning

Family Law

Immigration

Intellectual Property

Landlord-Tenant

Motor Vehicle Accidents

Personal Injury

Real Estate & Property Law

Tax Law

Traffic Violations

Browse by Area of Law

Bankruptcy

Business Formation

Business Law

Child Custody & Support

Contracts

Criminal Law

Divorce

DUI/DWI

Employment & Labor Law

Estate Planning

Family Law

Immigration

Intellectual Property

Landlord-Tenant

Motor Vehicle Accidents

Personal Injury

Real Estate & Property Law

Tax Law

Traffic Violations

About Us

Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.

About The Law Dictionary

Terms and Conditions

Privacy Policy