Finance people, Accountants i need some help.. - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HUKD, you accept our cookie and privacy policy.
Get the HUKD app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit

Finance people, Accountants i need some help..

jizzm Avatar
banned7y, 11m agoPosted 7 years, 11 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
banned7y, 11m agoPosted 7 years, 11 months ago
Options

All Comments

(4) Jump to unreadPost a comment
Comments/page:
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

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!