Glossary entry

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

+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\"
Peer comment(s):

agree LCW
1 hr
agree Connie Ibarzabal
17 hrs
Something went wrong...
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
Peer comment(s):

disagree LCW : effective interest rates take periodic interest accrual into consideration, not inflation
1 hr
Something went wrong...
52 mins

a secured annual interest rate of 4%

¡Buena suerte, Accents!
Re.: Ibidem
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