nominal values


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Nominal Value

1. See: Book value.

2. See: Par value.

nominal values

the face value of an asset, wage, profit etc. expressed in current money prices without any adjustment for changes in the level of prices over time. Compare REAL VALUE.

nominal values

the measurement of an economic aggregate (for example GROSS DOMESTIC PRODUCT) in terms of current prices. Because of price changes from year to year, observations based on current prices can obscure the underlying real trend. Contrast REAL VALUE.
References in periodicals archive ?
Operationalizing the Nominal Value and Unit Price Models
For the Nominal Value model, this can be fit by simply regressing the nominal value of the extra product on the matching discount.
In the Unit Price model, the nominal value of extra product needed to produce the same unit price reduction as a given discount will be:
The Nominal Value models of 19 of the 20 subjects had higher |R.
The unstandardized regression coefficients for the regressions corresponding to the Nominal Value models tended to be close to 1.