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Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
nominal valuesthe 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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
nominal valuesthe 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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005