nominal value

noun

Examples of nominal value in a Sentence

Recent Examples on the Web The justices should not be permitted to accept gifts above a nominal value. Gabe Roth, Twin Cities, 19 June 2024 Even looking at the nominal value of the latest potential talc settlement—approximately $8.4 billion, which is then discounted at a rate of 4.4%—the payout represents less than 10% of J&J’s 2023’s revenue. Will Daniel, Fortune, 1 May 2024 This spurt of globalization was fueled in part by trade in intermediate goods, such as raw materials and computer chips, which tripled in nominal value, from $2.5 trillion in 1995 to $7.5 trillion in 2007. Susan Lund, James Manyika, Foreign Affairs, 11 June 2019 The rising cost of borrowing does however present potential problems given the nominal value of debt currently outstanding. Bychristiaan Hetzner, Fortune, 5 June 2023 See all Example Sentences for nominal value 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'nominal value.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1696, in the meaning defined above

Time Traveler
The first known use of nominal value was in 1696

Dictionary Entries Near nominal value

Cite this Entry

“Nominal value.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nominal%20value. Accessed 27 Jul. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!