International Fisher relationship

Definition:

Theory that nominal interest rates and inflation rates in different countries are connected. The Fisher equation says the nominal interest rate is the product of one plus the real interest rate times one plus the expected rate of inflation.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

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Nonrecourse

In the case of default, the lender has no ability to claim assets over and above what the limited partners contributed.

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