Nominal

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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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%.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Branson also claimed that the airline had told the music-industry figure that it would sell them one Concorde for a nominal fee as long as it is not used in competition with the carrier.
A full report on the data obtained and analysis on each lot will be available to customers for a nominal fee. The materials used for FPRM10 through FPRM16 will be high purity alkane materials.
TAPPI TIP 0404-27, Air Flow Requirements for Conditioning Press Felts at Suction Pipes, is still a good reference and is available online for a nominal fee.
Many "Credit Repair Companies" are teaching customers how to create a new "credit identity" for a nominal fee. Customers are given a nine-digit Employer Identification Number and requested to use a new address and phone number such as that of a relative or friend.
A nominal fee is charged for more refined searches.
Single copies are free, and quantities are available for a nominal fee; call 800/533-6754 or contact Joseph Ricci at jricci@vancesecurity.com.
They Would run the operation as an entirely volunteer outfit and offer up the hangars to potential clients for the same nominal fee of $1 with which they had bought the buildings.
Additional locations can be added for a nominal fee.
For a nominal fee, teachers and other school administrators can have access to three 500+ video libraries covering subjects such as science, social studies, language arts, health, guidance, and mathematics.
Global suppliers will be able to fill in a product information form online and for a nominal fee intromarkets.com will then distribute the supplier's product literature to a targeted database of prospective clients.
A construction firm based in Furukawa, Miyagi Prefecture has made a successful bid to design a facility for the aged in Miyagi for a nominal fee of 1 yen, local officials said.
Online stores charge a nominal fee for gift wrapping, but for last-minute gift buyers, having the gilt wrapped and shipped (card enclosed) to loved ones directly can save precious time, especially when shipping long distance.