Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “nominal price”

nominal price

noun [C]    
COMMERCE an amount of money paid for something that is very small or much less than the usual amount: You may be able to get a ticket free or at a nominal price.
ACCOUNTING the amount of money something is worth, without considering the effect of inflation
FINANCE, STOCK MARKET →  par
FINANCE, STOCK MARKET →  nominal quotation
(Definition of nominal price noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of nominal price

More Business English definitions for “nominal price”

Word of the Day

limber up

to do gentle exercises to stretch the muscles in order to prepare the body for more active physical exercise

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More