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Glossary   >   N   >   "Nominal annual rate" Definition            Nominal annual rate An effective rate per period multiplied by the number of periods in a year. Same as annual percentage rate. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Nominal annual rate - An effective rate per period multiplied by the number of periods in a year. Same as annual percentage rate.