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.

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 ?
Following the reduction, Vestas Wind Systems' share capital now amounts to nominally DKK198,901,963, corresponding to 198,901,963 shares of DKK1.00 each.
Compared to the same month of 2017, the average monthly net salary per employee for March 2018 was nominally higher by 1.6 and in real terms by 0.5 percent, according to the FBiH Statistics Institute.
Yet mere weeks before Canada's 136th birthday, the prime minister, nominally a Catholic, was boasting about the nation's outstanding economic performance and proclaiming that he, unlike the conservative "right-wing" U.S.
Also nominally interactive is Camille Utterback's External Measures, 2002, in which motion-detecting software charts viewers' floor movements on the wall.
When measured with visible surface reflections, the orifice impression caused a nearly 2 [micro]m "drum-type" deflection of the nominally parallel faces of a 400 [micro]m thick wafer.
301.7701-4(c), finalized in 1986, would reclassify many multiple-class MBSs - nominally in trust form - as corporations unless (1) there is no power under the trust agreement to vary the investment of the MBS holders, (2) the trust is formed to facilitate direct investment in its assets and (3) the existence of multiple classes of ownership interests is incidental to that purpose.
The company said that on 18 March 2019, its Annual General Meeting had resolved to reduce the bank's share capital by nominally DKK337,690,000 from nominally DKK8,959,536,210 to nominally DKK8,621,846,210 by cancelling 33,769,000 treasury shares of nominally DKK10 each.
In comparison to February 2017 the average monthly paid off net earnings for the February 2018 was nominally by 1,3% higher.
Saddam and his Baath party clique were nominally Sunni Muslims; under their rule, Shiite Muslims were persecuted.
In this respect his authority would be nominally the same with that of the king of Great Britain, but in substance much inferior to it.
Whether everyone will perceive the nominally worthless materials fished out of the garbage as provocative when exhibited in an art context is not the point here.