nominal price Meaning in the Cambridge English Dictionary

Meaning of “nominal price” in the English Dictionary

"nominal price" in Business English

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nominal pricenoun [C]

uk   us  
COMMERCE an ​amount of ​moneypaid for something that is very ​small or much less than the usual ​amount: You may be able to get a ​ticketfree or at a ​nominalprice.
ACCOUNTING the ​amount of ​money something is ​worth, without considering the ​effect of ​inflation
FINANCE, STOCK MARKET →  nominal quotation
(Definition of nominal price from the Cambridge Business English Dictionary © Cambridge University Press)
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“nominal price” in Business English

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