Nominal


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Related to Nominal: Nominal scale, Nominal data

Nominal

In name only. Differences in compounding cause the nominal rate to differ from the effective interest rate. Inflation causes the purchasing power of money to differ from one time to another.

Nominal

Describing a variable that does not take inflation into account. For example, when considering GDP growth, if GDP has grown 10% in nominal terms and the inflation rate is 3%, real GDP growth is only 7%.
References in periodicals archive ?
In total, 64 petrochemical projects are expected to become operational in Iran by 2021 to double the country's nominal production capacity in the next five years.
However, in nominal terms, the sector's growth fell 28% and 8.
As Korea is unlikely to resume the high economic growth of the past, the ministry judged that it is important to implement a macro policy mix to achieve reasonable nominal GDP growth (around 5 percent).
Nominal long-term bonds achieve this objective only when inflation risk is low.
In 2011, Iraq was the 7th largest Arab economy with a nominal GDP of around $108.
Ja o realismo nominal logico caracteriza-se pela atribuicao de um valor logico intrinseco a palavra.
bar]s at, complex speech forms derived by the grammar, including derivates from roots, derivates from nominal stems, and compounds, are also termed pratipadika.
Compared with August 2009, the nominal growth in retail sales, adjusted for seasonal effects, stood at 1.
Nominal GDP is calculated using current prices whereas real GDP uses constant prices that are obtained after removing the effect of price changes.
The resultant rise in nominal GDP, which is on a multiyear recovery path, is positive for asset price growth in the next few years.
Following on the general distinction between nominal and explanatory understanding, there is the practical question of what to do.
This study attributes this "valuation puzzle" to several factors: investor difficulty adjusting to a new asset class, divergent supply trends between TIIS and nominal Treasuries, and the lower liquidity of TIIS.