nominal


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Related to nominal: Nominal scale, Nominal data

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 ?
A simple and intuitive way to understand the importance of these two types of risk is to examine the annualized standard deviation (or volatility) across investment horizons of the real return on a strategy consisting of constantly reinvesting capital in T-bills, and the real return on another strategy consisting of buying and holding a long-term zero-coupon nominal bond with maturity equal to each investment horizon under consideration.
A positive shock to inflation that lowers the real return on a long-term nominal bond is likely to be followed by high inflation in subsequent periods as well, and this amplifies the annualized volatility of a long-term nominal bond held to maturity.
Essas pesquisas indicaram que as criancas que apresentavam realismo nominal logico obtinham baixo desempenho nas atividades de leitura e analise fonemica.
It is precisely the issue of the status of what is termed karman as the condition for the occurrence of krt-affixes and nominal terminations that is the crux of a problem in the derivation of the upapada tatpurusa compound kumbhak[a.
In this case, the expected decline in the labor force will be smaller and, hence, the upward pressure on wage growth, demand and nominal GDP will also be smaller.
In nominal understanding, therefore, our understanding would be of how things relate to us; while in explanatory understanding, our understanding would be of how terms relate to terms.
The rationale was that investors typically demand a higher return on nominal debt securities to compensate for the risks associated with future inflation.
Typical guidelines for solid injection molding recommend an aspect ratio of rib width to nominal wall thickness ranging from 0.
The solution of the real equation varies with respect to the nominal one and their respective stability degrees can be quite different.
Compared with the bead type and fusion level, the effect of nominal pattern density, liquid infiltration rate and permeability of the coating on the incidence of pyrolysis defects was almost negligible.
The district court denied the motion, finding that the inmate had exhausted her administrative remedies before filing suit, and that the inmate was not precluded from recovering nominal and punitive damages even though she had no physical injury.
The difference between the TIIS yield and that of nominal Treasury securities should be a very good measure of expected inflation: A conventional Treasury instrument's yield should equal the yield on an otherwise similar TIIS plus the expected inflation rate and a premium for inflation risk--the extra return investors require because inflation may be higher or lower than expected.