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Nominal Price

   Also found in: Wikipedia 0.01 sec.
Nominal price
Price quotations on futures for a period in which no actual trading took place.
Nominal Price
An estimated price that may or may not resemble an asset's market price. A nominal price may be established as part of a negotiation, or as an arbitrary, initial price when a product has just been introduced.
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ISLAMABAD, September 16, 2009 (Balochistan Times): Pakistan Muslim League-Nawaz Spokesman Siddique-ul-Farooq has alleged that the present government wants to sell the House Building Finance Corporation to its front man on nominal prices after declaring it default to get commission.
Govt accused of selling HBFC on nominal prices for commission by Balochistan Times (Baluchistan Province, Pakistan)
ISLAMABAD, September 16, 2009 (Frontier Star ): Pakistan Muslim League-Nawaz Spokesman Siddique-ul-Farooq has alleged that the present government wants to sell the House Building Finance Corporation to its front man on nominal prices after declaring it default to get commission.
Govt accused of selling HBFC on nominal prices for commission by The Frontier Star (Northwest Frontier Province, Pakistan)
On average, the nominal price of all commodities other than pigmeat, will be 20 percent or more above their 1997-2006 average level" between 2009 and 2018, they said in their Agricultural Outlook report.
World food prices to rise again by 2018: OECD by AFP / AFP Global Edition
 
 
 
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