Nominal

(redirected from Nominal fee)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

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 ?
OUT: Stephen Boyle to Brechin - free Davie Nicholls to Falkirk - nominal fee
Non-members may attend their first meeting for a nominal fee.
For a nominal fee, members of the community will have access to these facilities.
The concert is free, and parking is available for a nominal fee at structures adjacent to the park.
Relegent charges a nominal fee to commercial clients who wish to track their brand results weekly, monthly, or annually.
Brokers and owners with available small spaces to lease can showcase their property on the site for a nominal fee of $10 a month for searching tenants to find.
Most tour companies offer morning and afternoon trips, which customarily include use of snorkel and diving gear, wet suits (for a nominal fee on some boats), lunch, soda, beer and cocktails.
Content can also be downloaded for a nominal fee, and can be viewed on computers, the Microsoft X-Box, and on portable players.
Bedke said there might be a way to charge a nominal fee to pay for such a service or that perhaps some type of arrangement could be worked out with the Antelope Valley Transit Authority.