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իրական

1. Expressed in terms of the amounts of goods and services that something is worth at market prices. 2. Adjusted for inflation. 3. Referring only to real economic variables as opposed to nominal, or monetary ones, as in real models. 4. Used with "appreciation" or "depreciation," refers to the real exchange rate. Thus a real appreciation means that the nominal value of a country's currency has increased by more than its relative price level may have decreased, so that the prices of its goods relative to foreign goods have increased. 5. The name of one unit of the Brazilian currency. One real equals 100 centavos. Pronounced "ray-all'".

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The interest rate less the rate of inflation.

իրական փոխարժեք
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A shorthand term for most of the theory of international trade, which consists largely of real models. Contrasts with international finance.

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Willingness and ability to purchase goods and services.

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An arrangement among financial institutions for carrying out the transactions among them, including canceling out offsetting credits and debits on the same account.

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