nominal

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Related to Nominal dollars: Real terms

Nominal

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.

References in periodicals archive ?
This technique permits more accurate lease-to-lease comparisons than does nominal dollar averages.
Within a few years, the televisions will doubtlessly sell for a quarter or even one-tenth of that in nominal dollars.
Prescription product sales are reported by IMS using nominal dollars.
Growth of the output of franchise businesses in nominal dollars will accelerate to 5.
3 billion in nominal dollars, including amounts already spent and not including financing costs or additional reserves for contingencies.
4 percent increase in nominal dollars in 2015 for the overall economy, IHS expects the Gross Domestic Product of the franchise sector in nominal dollars to increase by 5.
Nominal dollars result from the translation of nominal pesos using the average exchange rate of each month.
E[acute accent](a) Nominal dollars result from the translation of nominal pesos using the average exchange rate of each month.
used to convert nominal dollars to chained (2009) dollars.
Volumes in Million Cubic Feet; Prices in Nominal Dollars per