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What (who) is nominal - definition
WIKIMEDIA DISAMBIGUATION PAGE
Nominality; Nominally; Nominal (disambiguation)
nominal
1.
You use nominal to indicate that someone or something is supposed to have a particular identity or status, but in reality does not have it.
As he was still not allowed to run a company, his wife became its nominal head...
I was brought up a nominal Christian.
ADJ: usu ADJ n
• nominally
The Sultan was still nominally the Chief of Staff.
= technically
ADV: ADV with cl/group, ADV before v
2.
A nominal price or sum of money is very small in comparison with the real cost or value of the thing that is being bought or sold.
All the ferries carry bicycles free or for a nominal charge.
ADJ: ADJ n
3.
In economics, the nominal value, rate, or level of something is the one expressed in terms of current prices or figures, without taking into account general changes in prices that take place over time.
Inflation would be lower and so nominal rates would be rather more attractive in real terms...
? real
ADJ: ADJ n
Nominal
·noun A verb formed from a noun.
II. Nominal ·noun A Nominalist.
III. Nominal ·noun A name; an Appellation.
IV. Nominal ·adj Existing in name only; not real; as, a nominal difference.
V. Nominal ·adj Of or pertaining to a name or names; having to do with the literal meaning of a word; verbal; as, a nominal definition.
nominal
a.
Titular, only in name, nuncupative, nuncupatory.
Examples of use of nominal
1. This will ease the government‘s debt burden, since it is out of nominal GDP that the government must repay the nominal claims held by its creditors.
2. This month, Mr Tanigaki said higher nominal growth was not a panacea, since social security payments were indexed to nominal inflation.
3. And they failed even to set the nominal amount claimed.
4. They may allow nominal presidential polls from time to time.
5. Both egg and sperm donors can receive only nominal payment.