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What (who) is nominal value - definition
DISTINCTION BETWEEN REAL AND NOMINAL VALUE IN ECONOMICS AND ACCOUNTING
Real dollars; Real price; Nominal money; Real vs. nominal in economics; Real terms; Nominal value; Real versus nominal in economics; Real dollar; Nominal dollars; Real vs. nominal value; Prices and quantities; Nominal price; Inflation adjustment; Nominal quote; Adjusted-for-inflation; Nominal cost; Adjusted for inflation; Price and quantity; Quantities and prices; Absolute price; Nominal (economics); Real (economics); Real and nominal variables; Nominal and real variables; Inflation-adjusted; Inflation adjusted; Coin denomination; Price Vs. Quantity Adjustment
nominal value
¦ noun Economics the value stated on a coin, note, etc.; face value.
Real versus nominal value
PHILOSOPHICAL DISTINCTIONS
Nominal quantity; Nominal size; Nominal sizes; Nominal (value); Nominal (Nominal value); Nominal versus real value
The distinction between real value and nominal value occurs in many fields. From a philosophical viewpoint, nominal value represents an accepted condition, which is a goal or an approximation, as opposed to the real value, which is always present.
Real versus nominal value (economics)
In economics, nominal value is measured in terms of money, whereas real value is measured against goods or services. A real value is one which has been adjusted for inflation, enabling comparison of quantities as if the prices of goods had not changed on average; therefore, changes in real value exclude the effect of inflation.
Wikipedia
Real versus nominal value (economics)
In economics, nominal value is measured in terms of money, whereas real value is measured against goods or services. A real value is one which has been adjusted for inflation, enabling comparison of quantities as if the prices of goods had not changed on average; therefore, changes in real value exclude the effect of inflation. In contrast, a nominal value has not been adjusted for inflation, and so changes in nominal value reflect at least in part the effect of inflation but will not hold the same purchasing power.
Examples of use of nominal value
1. Yet the nominal value of the currency remains the same.
2. Today all dealings are in paper currency, which has only a nominal value.
3. These profits amount to 7.5 percent of each share’s nominal value.
4. Inflation has remained high, even though the nominal value of the ruble has risen rapidly.
5. Sberbank plans to issue 21.6 billion ordinary shares with a nominal value of three rubles, as well as 1 billion new preferred shares, also with a nominal value of three rubles.