- Of or pertaining to a name or names; having to do with the
literal meaning of a word; verbal; as, a nominal definition. - Existing in name only; not real; as, a nominal difference.
2 . Nominal
[ n.]
- A nominalist. - A verb formed from a noun. - A name; an appellation.
Meaning of 'nominal' (Princeton's WordNet)
1 . nominal
[ a]
Meaning (1): - relating to or constituting or bearing or giving a name
Example in sentence:
a nominal lists of priests;
taxable males as revealed by the nominal rolls;
the Russian system of nominal brevity
Meaning (2): - of, relating to, or characteristic of an amount that is not adjusted for inflation
Example in sentence:
nominal interest rates;
the nominal GDP
Meaning (3): - pertaining to a noun or to a word group that functions as a noun
Example in sentence:
nominal phrase;
noun phrase
4 . nominal
[ s]
Meaning (4): - insignificantly small; a matter of form only (`tokenish' is informal)
Example in sentence:
a token gesture of resistance;
a tokenish gesture;
the fee was nominal
Meaning (5): - named; bearing the name of a specific person
Nominal Partner The Nominal Partner is an individual who is neither a part-owner of the partnership nor an active participant in the firm’s affairs.
Nominal anchor Nominal anchor is a nominal variable such as the inflation rate, an exchange rate, or the money supply that monetary policymakers use to tie down the price level.
Nominal interest rate Nominal interest rate is an interest rate that does not take inflation into account.
Nominal effective exchange rate Nominal effective exchange rate is the actual foreign exchange quotation, in contradistinction to “real exchange rate” which is adjusted for changes in purchasing power.
Nominal effective exchange rate index Nominal effective exchange rate index refers to an index that uses actual exchange rates, on a weighted average basis, of the value of the subject ...
Nominal GDP Nominal gross domestic product measures the total value of all the goods and services produced and traded for money in the formal
Nominal Group Technique (NGT) Nominal group technique (NGT) is a long-run, qualitative demand forecasting method utilizing expert assessments.