Your English writing platform
Discover LudwigSuggestions(5)
The phrase "a nominal rate of" is correct and usable in written English.
It is typically used in financial contexts to refer to a stated interest rate that does not take into account compounding or inflation.
Example: "The bank offers a nominal rate of 3% on savings accounts, which may not reflect the actual return after inflation."
Alternatives: "a stated rate of" or "an official rate of".
Exact(15)
For Italy's debt to be sustainable, the country's economy either needs to grow at a nominal rate of 5 percent a year, or the interest rate on its 10-year bond needs to be 3.6 percent, Mr. Batty estimates.
Today it pays a nominal rate of a bit more than 2 percent and a real rate barely above zero.
"Cheltenham & Gloucester sent us a letter saying their admin system couldn't cope and they'd charge us a nominal rate of 0.001% then refund us.
Here are interest rates, nominal and real, since 2003: In 2004 federal borrowing paid a nominal rate of more than 4 percent and a real rate of about 2 percent.
C&G's systems do not yet recognise a 0% interest rate, and as a result any tracker customer whose rate falls to 0% will, "as a temporary measure", be charged a nominal rate of 0.001%, or 8p a month for those with a £100,000 interest-only mortgage.
In this case, the natural rate is same as it was before the crisis, i.e. a nominal rate of around 4%, and a real rate around 2%.Now suppose instead that secular, supply-side forces are the reason growth has been so disappointing.
Similar(44)
The negotiations had so frustrated Mr. Tata that he offered, in desperation, to charge the government nothing at all for the service and only a nominal rate per pound of mail carried.
A 16% absolute difference in TIMI flow grade III was achieved without a significant bleeding events, although a higher nominal rate of intracranial hemorrhage was observed in the patients with the highest rate of reperfusion.
We develop a disaggregated Nominal Rate of Assistance (NRA) methodology to disentangle the welfare impacts of policies for various interest groups along the value chain (to disaggregate effects within the "producer" and "consumer" umbrellas).
He said the average house price to average earnings ratio will decline as house prices fall and assuming earnings rise at an average nominal rate of 5% per annum.
It is inferred that a nominal rated power of the a-Si H single-junction modules determined by a-Si Hoor light soaking test is not suitable for the design of PV systemodulesatedeterminedstinct four seasons.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com