nominal Hear it!

nominal Definition

nomi·nal (näm′ə nəl)

adjective

  1. of, consisting of, having the nature of, or giving a name or names
  2. of or having to do with a noun or nouns
  3. in name only, not in fact the nominal leader
  4. very small compared to usual expectations; slight a nominal fee

Etymology: ME nominalle < L nominalis, of a name < nomen, name

noun

Linguis. a noun or other word or word group, including adjectives, that occurs in grammatical functions typical of nouns; substantive

nominal Synonyms

nominal

modif.

  1. In name only

    titular, stated, mentioned, suggested, formal, simple, ostensible, professed, purported, supposed, theoretical, pretended, so-called, in effect only; see also given, named 1.

    Antonyms real*, obvious*, genuine*. *

  2. Insignificant

    meaningless, trifling, low; see trivial, unnecessary.

nominal Finance Definition

A number that hasn’t been adjusted. For example, a sales number that hasn’t been adjusted for price changes is a nominal sales number. A nominal interest rate is the interest rate that is actually paid, as opposed to the amount that is owed. If a consumer pays 8 percent on a car loan, the nominal interest rate is 8 percent. Nominal income means income that hasn’t been adjusted for any changes in the dollar’s purchasing power. Nominal dollar means money that hasn’t been adjusted for inflation.

nominal Telecom Definition

In name only, but not in reality. A T1 circuit sometimes is described as having a nominal transmission rate of 1.5 Mbps, although in reality the signaling rate is 1.544 Mbps and its payload is 1.536 Mbps. It is easier to say one point five Megabits per second or one and a half Megabits per second than one point five four four Megabits per second. It is not exact, but it is close enough for all but the most obnoxious purists. Similarly, an E-1 is generally described as having a transmission rate of 2 Mbps, although in reality the signaling rate is 2.048 Mbps and the payload is 1.92 Mbps. See also payload, signaling rate, and transmission rate.

nominal Usage Examples

Converse of object

  • have: The recordings of bells of different provenance given earlier all have identical nominals but show differences in pitch.
  • compare: An alternative interpretation involves comparing the nominals with equal temperament.

Adjective modifier

  • octave: Its octave nominal is however an almost perfect octave, something which modern founders do not usually achieve.
  • treble: The Dalton figure for the treble nominal I was unable to substantiate, I cannot find anything at that frequency in my recording.

Modifies a noun

  • ledger: Nominal Ledger This module contains all the functions found in a computerized nominal ledger.
  • rigidity: In order to prove that nominal wage rigidity is not a problem, Smith had to dig deep into the data.
  • fee: A nominal fee will be charged for some of the premium services.
  • sum: We paid a nominal sum of £ 1.00 for it!
  • voltage: Step 3: We are going to use a 3 cell lipo making the nominal voltage 11.
  • charge: There is a nominal charge of GBP 150 + VAT per user to pay toward the cost of the license.

Modifying Another Word

  • purely: Those who remain purely nominal he will spit out.
  • merely: The connection between the 3rd of 1853 and 1798 was merely nominal.
  • only: A significant remedy might be provided, where Re T had offered only nominal damages.
  • very: Charges apply - there is a subscription to register to use these projects, it is very nominal ( currently £ 20 pa ).
  • not: People's welfare depends upon real variables, not nominal variables.
  • often: The rent to be paid by them was often nominal, consisting of a fowl, a pair of gloves, or a flower.

Used with adjective complement

become: They had become nominal, self sufficient and self satisfying.

Preposition: of

  • bell: For all partials except the nominal, the interval is given from the nominal of the bell.
  • stock: Gilt prices are quoted as a price for £ 100 nominal of stock.
  • %: On 10 April 2003 you use the proceeds to buy £ 6,800 nominal of 5 % Treasury Stock 2008.