Nominalism


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Nominalism

The legal principle that the dollar amount of a debt remains the same regardless of the inflation rate. Inflation and deflation, which both change the real value of repayment, do not affect the amount of a debt recorded on a balance sheet. In theory, this places risks on both the lender and the borrower, but, in practice, the lender has most of the risk, as inflation, which reduces the real value of repayment, is more likely than deflation.
References in periodicals archive ?
For even if the two philosophies intersect in their discussion of the physical world, there remain fundamental epistemological and metaphysical differences, such as Avicenna's realism versus al-Ghazali's nominalism, their disagreement about the modalities and quiddities, and the varying structure of their cosmologies.
Most disappointing to me was the entry on North America, which is really just a survey of the church and faith in the face of its now-dominant nominalism.
In his hopes for "reunion with Western Christians who overcame the temptation of nominalism", he effectively endorses the Radical Orthodox narrative of decline setting in from Duns Scotus, the first plodder (however unwitting) on the melancholy road that leads through nominalism to nihilism (a narrative analogous to that articulated recently in Charles Taylor's A Secular Age).
The main impetus for the colloquium was the abrupt shift that occurred between Duns Scotus's voluntarism and William of Ockham's nominalism one generation later.
This brings us to the threshold of another philosophical dispute, nominalism vs.
These two can be understood to mark opposite ends of a spectrum of philosophic ideas, with Rorty maintaining an unbending skeptical nominalism on the one end and Neville arguing for a robust Scotistic realism on the other.
Roberto Goizueta ("Because God is Near, God is Real: Symbolic Realism in US Latino Popular Catholicism and Medieval Christianity") gives both historical and theological interpretations of the use of symbols in Latino Catholicism, ascribing its differences from Anglo-Catholicism to the rise of nominalism in later medieval Christianity (p.
Weaver traced that loss back to the the rise of nominalism in the twelfth century, a familiar pedigree that is both accurate and comical.
Irfan Khawaja, College of New Jersey "Realism, Nominalism and Orientalism: Edward Said on the Essence of Islam"
As for me, I recently told my literary agent that I'm writing a book on the theory of nominalism.
But the editing is unmistakably Hill's, with topics ranging from Monteverdi and nominalism to Gospel music and Cocteau's Orphee.
He criticizes antirealism, idealism, or nominalism as absolute methods for information science, outlining support for his theory of domain analysis and its pragmatic investigation of knowledge: "[a] philosophy is not something that you just choose, it is something you work out or construe in order to solve problems related to your field of study and your profession.