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Vocabulary Entry
nominal
|adjective • noun
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A
adjective
Relating to a name or names; existing or being something in name only.
Example Sentences
"The nominal leader of the group had little actual power."
"Although he held a nominal position in the company, his influence was significant."
"The price increase was nominal, barely affecting customers."
N
noun
A term that refers to something by name; often used in economic contexts to denote values not adjusted for inflation.
Example Sentences
"The nominal interest rate does not account for inflation."
"We need to consider the nominal amounts when analyzing the budget."
"In the nominal sense, his salary appears quite high."