meaning: A nominal amount of money is very small compared to an expected price or value. 1) 词根:nomin- 名字(name) 2) 后缀:-al 形容词后缀(personal) e.g. She's the nominal head of our college - the real work is done by her deputy.她名义上是我们学院的校长——实际工作都是由她的...
(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. Chiefly Aerospace.performing or achieved within expected, acceptable limits; normal and satisfactory: ...
nominal meaning, definition, what is nominal: officially described as being something,...: Learn more.
Inflationrefers to the rise in prices for goods and services. As the rate of inflation grows (meaning those goods and services get more expensive), the amount we can purchase with our money decreases. This is referred to as a loss of purchasing power. Ongoing inflation can erode not just ...
Thenominal interest rateis the stated interest rate of a bond or loan, which signifies the actual monetary price borrowers pay lenders to use their money. If the nominal rate on a loan is 5%, borrowers can expect to pay $5 of interest for every $100 loaned to them. This is often re...
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Nominal value is the original price of a product, the advertised amount of a salary, or the current cost of a service. It is any value worth in money terms that has not been adjusted for inflation or increasing prices. What is nominal value and real value?
aIf I had a million, I think a lot of things to do, for example; First, I will donate a small part to the poor, because sometimes they are really poor, then I will donate some to charity, then I will take my mother travel the UK, finally, I will buy the rest of the money us...
These procedures might incur a large amount of money that we don’t have on hand. Luckily, health insurance exists. It’s always a good thing to stay proactive and invest in important things like health insurance. However, health insurance doesn’t cover the entirety of medical costs. In a...
An inflation rate of 6% will effectively reduce the purchasing power of the borrower by that amount because it makes the goods and services in the economy costlier to that extent. Hence, the investor will effectively need more money to buy the same quantity of goods that he used to buy earl...