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nominal
(redirected from Nominal dollars)

   Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.

Trifling, token, or slight; not real or substantial; in name only.

Nominal capital, for example, refers to extremely small or negligible funds, the use of which in a particular business is incidental.


nominal adjective cheap, cut-rate, hardly worth mention, honorary, in name only, inconsiderable, insignificant, little, low, low-priced, meager, minimum, minute, moderate, modest, nomine, petty, reduced, scanty, simple, slight, small, superficial, symbolic, titular, titulary, token, trifling, trivial, unactual, unimportant, unsubstantial
Associated concepts: nominal capital, nominal consideraaion, nominal damages, nominal defendant, nominal owner, nominal parties, nominal plaintiff, nominal value
See also: immaterial, inconsiderable, insignificant, negligible, null, trivial

NOMINAL. Relating to a name.
     2. A nominal plaintiff is one in whose name an action is brought, for the use of another. In this case, the nominal plaintiff has no control over the action, nor is he responsible for costs. 1 Dall. 1 39; 2 Watts, R. 12.
     3. A nominal partner is one, who, without having an actual interest in the profits of a concern, allows his name to be used, or agrees that it shall be continued therein, as a partner; such nominal partner is clearly liable to the creditors of the firm, as a general partner, although the creditors were ignorant at the time of dealing, that his name was used.. 2 H. Bl. 242, 246; 1 Esp. R. 31; 2 Campb. 302; 16 East, R. 174; 2 B. & C. 411.



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General fund and lottery spending is down in nominal dollars from the budget two years ago.
That is three-tenths of one percent of the total revenues during that period of more than four trillion dollars--and those are nominal dollars, not adjusted for inflation.
One way of finding out is to measure the price of gasoline in terms of "constant" dollars instead of nominal dollars.
 
 
 
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