Finance people, Accountants i need some help.. - HotUKDeals
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Finance people, Accountants i need some help..

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Hi all, Basically im in my 2nd year at Uni doing Accountancy and Finance. And im stuck on what something means.. "Borrowing at 1.09 per cent (including a cap on its nominal liability at 7 % infla… Read More
jizzm Avatar
banned8y, 6m agoPosted 8 years, 6 months ago
Hi all,
Basically im in my 2nd year at Uni doing Accountancy and Finance.
And im stuck on what something means..

"Borrowing at 1.09 per cent (including a cap on its nominal liability at 7 % inflation)."

Anyone explain to me what this means, the nominal liability part?

Regards
jizzm Avatar
banned8y, 6m agoPosted 8 years, 6 months ago
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banned#2
bump guys!
#3
Worked in finance for 20 years and I'm not sure what is meant by that! :oops:

Are you sure you have given all of the details? IE: Is the interest rate linked to inflation.

If there is a more expansive question, pm me and I'll see if I can figure it out.
#4
That to me means that they are linking the nominal liability to real liabillty @ <= 7% of inflation

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