See Also: Nominal GDP(finance)
Nominal value or par value(finance)
Nominal Value(money)
Nominal(finance)
Nominal GNP(finance)
nominal(dictionary)
nominal(dictionary)
Nominal(money)
NOMINAL(law)
Nominal account(finance)

nominal (oh)



[Date: 1400-1500; Language: Latin; Origin: nominalis, from nomen 'name']
nominal sum/charge/fee etc
a very small sum of money, especially when compared with what something would usually cost or what it is worth
::A nominal charge is made for use of the tennis courts.
officially described as being something, when this is not really true
::the nominal head of the rebellion
::Their conversion to Christianity was only nominal.
nominal value/rate/income etc
technical a nominal value etc does not show what something is really worth or really costs, because it does not take into account changes in the price of other goods and services
-opposite real real
::If prices rise and the nominal wage remains constant, the real wage falls.
technical relating to nouns or used as a noun
::the nominal use of the present participle