- Nominal Price
- The price paid for goods or services at the time of a transaction; a price that has not been adjusted to account for inflation.
Energy terms . 2014.
Nominal Price
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Nominal price — Price quotations on futures for a period in which no actual trading took place. The New York Times Financial Glossary * * * nominal price nominal price ➔ price1 * * * nominal price UK US noun [C] ► COMMERCE an amount of money paid for something… … Financial and business terms
nominal price — ( or nominal quotation) The price quotation calculated for futures or options for a period during which no actual trading occurred. These quotations are usually calculated by averaging the bid and asked prices. The CENTER ONLINE Futures Glossary… … Financial and business terms
nominal price — 1) A minimal price fixed for the sake of having some consideration for a transaction. It need bear no relation to the market value of the item. 2) The price given to a security when it is issued, also called the face value, nominal value, or par… … Accounting dictionary
Nominal price — The price paid for a product or service at the time of the transaction. Nominal prices are those that have not been adjusted to remove the effect of changes in the purchasing power of the dollar; they reflect buying power in the year in which… … Energy terms
nominal price — full price, retail price, face value … English contemporary dictionary
nominal price — 1) A minimal price fixed for the sake of having some consideration for a transaction. It need bear no relation to the market value of the item. 2) The price given to a security when it is issued. This is the maximum amount the holder can be… … Big dictionary of business and management
price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… … Financial and business terms
nominal quotation — ( or nominal price) The price quotation calculated for futures or options for a period during which no actual trading occurred. These quotations are usually calculated by averaging the bid and asked prices. The CENTER ONLINE Futures Glossary Used … Financial and business terms
nominal — [[t]nɒ̱mɪn(ə)l[/t]] 1) ADJ: usu ADJ n You use nominal to indicate that someone or something is supposed to have a particular identity or status, but in reality does not have it. As he was still not allowed to run a company, his wife became its… … English dictionary
nominal — nom•i•nal [[t]ˈnɒm ə nl[/t]] adj. 1) being such in name only; so called; putative: the nominal head of the country[/ex] 2) bus (of a price, fee, etc.) named as a matter of form, being trifling in comparison with the actual value: a nominal… … From formal English to slang
