Examlex
Define the following terms: F. W. De Klerk
Nominal Rate
The stated interest rate on a loan or financial instrument, not adjusted for inflation.
Inflation
A general increase in prices and fall in the purchasing value of money.
Present Value
The valuation of an expected income stream determined by discounting the future income to the present using a discount rate.
Income Stream
A regular flow of money from an investment, property, or other financial assets.
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