nominal

American  

[nom-uh-nl] / ˈnɒm ə nl /

adjective

1. being such in name only; so-called; putative.

   a nominal treaty;

   the nominal head of the country.

   Synonyms:

   formal, titular

2. (of a price, consideration, etc.) named as a mere matter of form, being trifling in comparison with the actual or expected amount or value; minimal or insignificant.

   a nominal fee;

   a nominal improvement.

3. of, relating to, or constituting a name or names.

4. Grammar.

   1. of, relating to, or producing a noun or nouns.

      a nominal suffix.

   2. functioning as or like a noun.

5. assigned to a person by name.

   nominal shares of stock.

6. containing, bearing, or giving a name or names.

7. (of money, income, or the like) measured in an amount rather than in real value.

   Nominal wages have risen 50 percent, but real wages are down because of inflation.

8. Chiefly Aerospace. performing or achieved within expected, acceptable limits; normal and satisfactory.

   The mission was nominal throughout.

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noun

1. Grammar. a word or group of words functioning as a noun.

nominal British  

/ ˈnɒmɪnəl /

adjective

1. in name only; theoretical

   the nominal leader

2. minimal in comparison with real worth or what is expected; token

   a nominal fee

3. of, relating to, constituting, bearing, or giving a name

4. grammar of or relating to a noun or noun phrase

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noun

1. grammar a nominal element; a noun, noun phrase, or syntactically similar structure

2. Leisure:Bell-ringing the harmonic an octave above the strike tone of a bell

Other Word Forms

• nominally adverb
• prenominal adjective
• unnominal adjective
• unnominally adverb

Etymology

Origin of nominal

First recorded in 1425–75; late Middle English nominalle “of a noun,” from Latin nōminālis “of, belonging to a name or names, nominal,” equivalent to nōmin- (stem of nōmen ) + -ālis adjective suffix; nomen, -al ¹

Example Sentences

It maintained the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate policy band, aiming to underpin medium-term price stability.

From The Wall Street Journal

The idea is to “maintain your nominal exposure but also find other things to buy,” he said.

From Barron's

First Eagle’s research indicates that “a fixed-positional asset like gold, while volatile in nominal terms, has kept pace with the growth of government debt outstanding, delivering a far stronger real return” than that of U.S.

From MarketWatch

That’s preferable to owning “nominal assets,” given the dollar’s loss of 52% of its value over the past 30 years, he added.

From Barron's

“We are going to see a very, very strong economy this year. We could see between 4 and 5% real growth, which would mean 7 or 8% nominal growth,” Bessent said.

From Barron's

Related Words

• minimal
• symbolic
• token