Glossary entry (derived from question below)
Spanish term or phrase:
tasa garantizada del 4% EFECTIVO anual
English translation:
an effective annual guaranteed rate (yield) of 4%
Added to glossary by
Michael Powers (PhD)
Jul 4, 2003 12:19
21 yrs ago
8 viewers *
Spanish term
tasa garantizada del 4% EFECTIVO anual
Spanish to English
Bus/Financial
No creo que acá EFECTIVO tenga que ver con "cash"... pero no sé que significara...
Proposed translations
(English)
Proposed translations
+2
1 min
Selected
an effective annual guaranteed rate (yield) of 4%
+
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Note added at 1 min (2003-07-04 12:21:19 GMT)
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I agree - I believe it means \"effective\" in the sense of \"actual\" or \"real\"
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Note added at 1 min (2003-07-04 12:21:19 GMT)
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I agree - I believe it means \"effective\" in the sense of \"actual\" or \"real\"
4 KudoZ points awarded for this answer.
-1
5 mins
a guaranteed real interest rate of 4% annually/per annum
efectivo means "real" here as opposed to "nominal". The real interest rate denotes interest adjusted for inflation.
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Note added at 2003-07-04 12:26:50 (GMT)
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see: http://www.afueralink.com/afueralink/glosario.asp
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Note added at 2003-07-04 12:26:50 (GMT)
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see: http://www.afueralink.com/afueralink/glosario.asp
Peer comment(s):
disagree |
LCW
: effective interest rates take periodic interest accrual into consideration, not inflation
1 hr
|
52 mins
a secured annual interest rate of 4%
¡Buena suerte, Accents!
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