nominal

American  

[nom-uh-nl] / ˈnɒm ə nl /

adjective

1. being such in name only; so-called; putative.

   a nominal treaty;

   the nominal head of the country.

   Synonyms:

   formal, titular

2. (of a price, consideration, etc.) named as a mere matter of form, being trifling in comparison with the actual or expected amount or value; minimal or insignificant.

   a nominal fee;

   a nominal improvement.

3. of, relating to, or constituting a name or names.

4. Grammar.

   1. of, relating to, or producing a noun or nouns.

      a nominal suffix.

   2. functioning as or like a noun.

5. assigned to a person by name.

   nominal shares of stock.

6. containing, bearing, or giving a name or names.

7. (of money, income, or the like) measured in an amount rather than in real value.

   Nominal wages have risen 50 percent, but real wages are down because of inflation.

8. Chiefly Aerospace. performing or achieved within expected, acceptable limits; normal and satisfactory.

   The mission was nominal throughout.

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noun

1. Grammar. a word or group of words functioning as a noun.

nominal British  

/ ˈnɒmɪnəl /

adjective

1. in name only; theoretical

   the nominal leader

2. minimal in comparison with real worth or what is expected; token

   a nominal fee

3. of, relating to, constituting, bearing, or giving a name

4. grammar of or relating to a noun or noun phrase

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noun

1. grammar a nominal element; a noun, noun phrase, or syntactically similar structure

2. Leisure:Bell-ringing the harmonic an octave above the strike tone of a bell

Other Word Forms

• nominally adverb
• prenominal adjective
• unnominal adjective
• unnominally adverb

Etymology

Origin of nominal

First recorded in 1425–75; late Middle English nominalle “of a noun,” from Latin nōminālis “of, belonging to a name or names, nominal,” equivalent to nōmin- (stem of nōmen ) + -ālis adjective suffix; nomen, -al ¹

Example Sentences

While most mines are run by the federal government, state authorities lease small plots to locals each year at nominal rates.

From BBC

Boards, for their part, aren’t obligated to pursue the highest nominal offer.

From Barron's

That can be seen in the spread between yields on nominal government bonds and those of Treasury inflation-protected securities, or TIPS—a gap known on Wall Street as the break-even inflation rate.

From The Wall Street Journal

In addition, the Treasury Department’s warrants give it the option to buy up to 7.2 billion shares for a nominal price.

From The Wall Street Journal

“The final decision on how high to raise the nominal interest rate appropriately depends on this factor, so I must mention there is some uncertainty,” he said.

From The Wall Street Journal

Related Words

• minimal
• symbolic
• token