Nominal

Business / Finance / Nominal: In name only. Differences in compounding cause the nominal rate to differ from the effective interest rate. Inflation causes the purchasing power of money to differ from one time to another.

Other Words for Nominal

Nominal Adjective Synonyms: titular, in name only, formal, pretended, so-called, self-styled, soi-disant, professed, purported, supposed, would-be, representational, represented, supposititious, proposed, propositional, puppet
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Nominal Ledger

Business / Accounting / Nominal Ledger: A ledger which holds all the nominal accounts of a business. Where the business uses a subsidiary ledger like the sales ledger to hold customer details, the nominal ledger will usually include a contr MORE

Nominal Pipe Size (NPS)

Business / Machine Shop / Nominal Pipe Size (NPS): The size of pipe is identified by its nominal pipe size. For pipes between 1/8- and 12-inches nominal size, the outside diameter (OD) was originally selected so that the inside diameter was equal to t MORE

Nominal Cash Flow

Business / Finance / Nominal Cash Flow: A cash flow expressed in nominal terms if the actual dollars to be received or paid out are given. MORE

Nominal Accounts

Business / Accounting / Nominal Accounts: Accounts that are closed to a zero balance at the end of each accounting period: temporary accounts generally appearing on the income statement. MORE

Nominal Yield

Business / Finance / Nominal Yield: The income received from a fixed income security in one year divided by its par value. See also: Coupon rate. MORE

Nominal Income

Business / Finance / Nominal Income: Income that has not been adjusted for inflation and decreasing purchasing power. MORE

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