Nominal interest rate
Commercial property & real-estate term
A stated or contract rate; an interest rate, usually annual, that does not necessarily correspond to the true or effective rate of growth at compound interest.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “N”
Net operating income (noi) Natural vacancy rate Nonexclusive mandate Nuisance Negative amortization Negative cash flow Net lease Net income