Sep 12, 2008 21:57
15 yrs ago
1 viewer *
Danish term

nominel rente vs. pålydende rente

Danish to English Bus/Financial Finance (general)
In many Google hits these are given synonymously, but in my text they appear side by side as different terms. Both are translated as NOMINAL RATE in my dicts, so please explain and/or suggest how to express the difference in English.

Proposed translations

-1
18 hrs
Selected

nominal interest rate vs. real interest rate

there are several hits in Google for the terms "nominal interest rate vs. real interest rate"
Peer comment(s):

disagree Mette Melchior : The English expression "real interest rate" refers to something else than the Danish term "pålydende rente". Real interest rate means the nominal interest rate minus the expected inflation rate.
1 day 22 hrs
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3 KudoZ points awarded for this answer. Comment: "Thanks,your suggestion expresses the difference best. After some cross-reading of Internet articles in both languages I decided to use "effective interest rate" and "nominal interest rate" for "nominel" and "pålydende", respektively"
9 mins

minimum interest vs current interest

without getting a full sentence, I recommend this
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+1
9 hrs

nominal interest rate & face interest rate

You are right. "Pålydende" simply means "specified" or "stated", and in this context both terms refer to the same thing. Here definition of nominal interest rate from the first link:

"Stated rate of interest on an investment or security, without adjusting for inflation or inflationary expectations, as opposed to real interest rates. The real rate of interest is equal to the nominal rate less inflation."

If you would like to use two different terms, you might use "face interest rate" for "pålydende rente", which also refers to the percentage interest that is shown on the bond or the loan document.
Peer comment(s):

agree Christine Andersen
5 hrs
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