The earnings on an asset or other investment, comparable to a nominal interest rate, thus not adjusted for inflation.

The rate of return in simple monetary terms, ie. unadjusted for any change in inflation. The nominal return is contrasted with the real return, which is adjusted for changes in inflation. A nominal interest rate of 10% is a real rate of only 6% if inflation at the time of measurement is 4%.

Return that doesn't take account of the effect of inflation. OEICS Open-ended investment companies, a substitute for unit trusts with a single price for buying and selling.

The percentage change in the value of a financial asset, where the beginning and ending values of the asset are not adjusted for inflation over the time of the investment.

The actual return on an investment.

Describes any change in value, including the artificial rise in prices that comes with inflation.

Return that takes no account of the effects of inflation.

The return on an investment before adjustment for inflation.

Return of an investment without taking account of inflation. Thus, the nominal return on a bond might be 8 percent, but if inflation is running at 3 percent, the real return is only 5 percent. Compare with Real Return.

The rate of return without taking inflation into account.

Return on an investment not adjusted for inflation (ie headline return).

the rate of return before adjusting for inflation