nominal

adjective
nom·​i·​nal | \ ˈnä-mə-nᵊl How to pronounce nominal (audio) , ˈnäm-nəl\

Definition of nominal

 (Entry 1 of 2)

1 : of, relating to, or being a noun or a word or expression taking a noun construction
2a : of, relating to, or constituting a name
b : bearing the name of a person
3a : existing or being something in name or form only nominal head of his party
b : of, being, or relating to a designated or theoretical size that may vary from the actual : approximate the pipe's nominal size
c : trifling, insignificant his involvement was nominal charged only nominal rent

4 of a rate of interest

a : equal to the annual rate of simple interest that would obtain if interest were not compounded when in fact it is compounded and paid for periods of less than a year
b : equal to the percentage by which a repaid loan exceeds the principal borrowed with no adjustment made for inflation
5 : being according to plan : satisfactory everything was nominal during the launch

nominal

noun
nom·​i·​nal | \ ˈnä-mə-nᵊl How to pronounce nominal (audio) , ˈnäm-nəl\

Definition of nominal (Entry 2 of 2)

: a word or word group functioning as a noun

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Other Words from nominal

Adjective

nominally adverb

Synonyms for nominal

Synonyms: Adjective

formal, paper, titular

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Did You Know?

Something nominal exists only in name. So the nominal ruler in a constitutional monarchy is the king or queen, but the real power is in the hands of the elected prime minister. In the United Kingdom, the British monarch is also the nominal head of the Church of England; and those baptized in the Church who aren't really churchgoers might be called nominal Christians. A fee can be called nominal when it's small in comparison to the value of what it buys. So, for example, you might sell a friend a good piece of furniture for a nominal amount. And the charge for a doctor's visit might be a nominal $20, since most of the cost is covered by an insurance plan.

Examples of nominal in a Sentence

Adjective

What gave it resonance was that she was reflecting—in a fun-house mirror—the thuggish behavior of her nominal betters. — Hendrik Hertzberg, New Yorker, 5 Dec. 2005 Instead they will decentralize and devolve power, and rely on the people over whom they have nominal authority to be self-organizing. — Francis Fukuyama, Atlantic, May 1999 Approaching his 68th birthday, Rockefeller had never imagined that his twilight years would be so eventful. His fortune had failed to purchase him even a poor man's mite of tranquillity. As nominal president of Standard Oil, he was in a bind, responsible for actions he had not approved. — Ron Chernow, Business Week, 18 May 1998 Each of the ten years of nominal peace saw plenty of bloodshed. — Theodore Roosevelt, The Winning of the West: 1769-1776, (1894) 1995 Her title of vice president had been nominal only. They charge a nominal fee for the service.
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Recent Examples on the Web: Adjective

Here are some of Kushma’s other recommendations and forecasts: Brazil: Likes Brazilian bonds because inflation’s low; real rates aren’t coming down on the back of falling inflation and nominal yields aren’t falling fast enough. Bloomberg.com, "Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.," 25 Apr. 2018 In the United States, for example, bondholders can probably expect strong long-term growth in gross domestic product, which has risen 3.2 percent a year in real dollars, or 6.1 percent in nominal dollars, since 1929. Robert J. Shiller, New York Times, "The Next New Thing in Finance — Bonds Linked Directly to the Economy," 11 May 2018 The Treasury began adjusting the size of its nominal coupon and two-year auction sizes last year to respond to increased borrowing needs. Kate Davidson, WSJ, "Treasury Department to Scale Back Borrowing Plans in Early 2019," 30 Jan. 2019 The original terms of the loan offered a nominal annual interest rate of 32 percent, which with taxes and fees implied a real interest rate of 46.38 percent. Fortune, "This Lender Is Betting Fans Will Pay 50% on a Loan for a Trip to the World Cup," 6 June 2018 Keeping it under control will require higher nominal interest rates. The Economist, "ButtonwoodAutomation will drive interest rates higher, a new report concludes," 3 Mar. 2018 Over time, interest rates tend to move in tandem with the nominal growth rate. Neil Irwin, New York Times, "The White House Is Very Optimistic on Growth. It Shouldn’t Be.," 14 Feb. 2018 The cost is nominal, about $1.25 each filling, but the supply dwindles fast. Maria Sacchetti, Washington Post, "In South Texas, tens of thousands live in border enclaves without water, power or certainty of their future," 30 Jan. 2018 Pedro Álvarez, a nominal infielder who is far down their depth chart, was forced into the lineup at third base right before first pitch and hit two home runs. Jon Meoli, baltimoresun.com, "Behind Gausman, Álvarez's two homers, Orioles take first home series of season, 5-3 over Tigers," 29 Apr. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'nominal.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of nominal

Adjective

15th century, in the meaning defined at sense 1

Noun

1904, in the meaning defined above

History and Etymology for nominal

Adjective and Noun

Middle English nominalle, from Medieval Latin nominalis, from Latin, of a name, from nomin-, nomen name — more at name

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Statistics for nominal

Last Updated

19 May 2019

Look-up Popularity

Time Traveler for nominal

The first known use of nominal was in the 15th century

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More Definitions for nominal

nominal

adjective

English Language Learners Definition of nominal

formal
: existing as something in name only : not actual or real
: very small in amount

nominal

adjective
nom·​i·​nal | \ ˈnä-mə-nᵊl How to pronounce nominal (audio) \

Kids Definition of nominal

1 : existing as something in name only He was the nominal head of the government.
2 : very small There's just a nominal fee.

Other Words from nominal

nominally adverb

nominal

adjective
nom·​i·​nal | \ ˈnä-mən-ᵊl How to pronounce nominal (audio) \

Legal Definition of nominal

1 : existing or being something in name or form but usually not in reality defenses…raised by the corporation as nominal defendant in a derivative suit— R. C. Clark
2 : being so small or trivial as to be a mere token charging a nominal fee

3 of a rate of interest

a : equal to the annual rate of simple interest that would obtain if interest were not compounded when in fact it is compounded and paid for periods of less than a year
b : equal to the percentage by which a repaid loan exceeds the principal borrowed with no adjustment made for inflation — compare effective sense 4

Other Words from nominal

nominally adverb

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More from Merriam-Webster on nominal

Thesaurus: All synonyms and antonyms for nominal

Spanish Central: Translation of nominal

Nglish: Translation of nominal for Spanish Speakers

Britannica English: Translation of nominal for Arabic Speakers

Comments on nominal

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