nominal
pronunciation
How to pronounce nominal in British English:
UK [ˈnɒmɪnl]
How to pronounce nominal in American English:
US [ˈnɑːmɪnl]
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- Adjective:
- relating to or constituting or bearing or giving a name
- insignificantly small; a matter of form only (`tokenish' is informal)
- pertaining to a noun or to a word group that functions as a noun
- being value in terms of specification on currency or stock certificates rather than purchasing power
- named; bearing the name of a specific person
- being such in name only
Word Origin
- nominal (adj.)
- early 15c., "pertaining to nouns," from Latin nominalis "pertaining to a name or names," from nomen (genitive nominis) "name," cognate with Old English nama (see name (n.)). Meaning "of the nature of names" (in distinction to things) is from 1610s. Meaning "being so in name only" first recorded 1620s.
Example
- 1. Inflation-linked bonds are less liquid than their nominal cousins .
- 2. Rather than pay taxes , he adds , many companies make nominal payments to the local government .
- 3. Economists call this nominal price rigidity .
- 4. Nominal gdp per capita in usd at market exchange rates .
- 5. A nominal rise would be partly offset by lower inflation .