Examlex
An ETF is public unit trust that is listed on the share-market.
Annual Income
The total amount of income earned over a year from all sources including wages, salaries, bonuses, dividends, and interest.
Nominal Interest Rate
The rate of interest charged on a loan without taking the inflation rate into account.
Real Interest Rate
It represents the rate of interest an investor expects to receive after allowing for inflation, fundamentally indicating the true return on an investment.
Inflation Rate
The annual rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to limit inflation to maintain a healthy economy.
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