According to basic electrical machinery theory, all transformers experience power losses due to winding resistances, eddy currents, leakage flux and hysteresis. So when a load is connected to, say, a transformer with a 13800/240 V rating, the output voltage of a transformer is slightly less than 240 V, for example 225 V.
My question is, when a real transformer has a rating of, for example, 13800/240 V etched on its plate, is this rating just the ideal rating based on the turns ratio N1/N2, or is the transformer built with a slightly different turns ratio to compensate for losses, so that at full load it ACTUALLY delivers 240V?
Also, the same thing for the power rating etched on the plate. Is it the ideal rating or does it take into account losses at full load?