nominal Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “nominal” in the English Dictionary

"nominal" in British English

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nominaladjective

uk   /ˈnɒm.ɪ.nəl/  us   /ˈnɑː.mə.nəl/
(Definition of nominal from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"nominal" in American English

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nominaladjective [not gradable]

 us   /ˈnɑm·ə·nəl/
in name or thought, but not in reality: He’s the nominal head of the university.
(of a sum of money) very small compared to an expected price or value: There is a nominal fee for the workshop.
(Definition of nominal from the Cambridge Academic Content Dictionary © Cambridge University Press)

"nominal" in Business English

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nominaladjective

uk   us   /ˈnɒmɪnəl/
very small, or smaller than the usual amount: The hotel developers will lease the land for a nominal fee . We pay our volunteers a nominal amount. The costs incurred to activate the new service would be nominal.
used to describe something that is said to be a particular thing, but is not actually that thing: Although he has retired, the company is still under his nominal control. He regarded this responsibility as purely nominal.
ECONOMICS a nominal amount relates to prices or rates that are correct at the present time but do not show the effect of inflation: Merchandise imports have expanded significantly faster than world trade in both real and nominal dollar values.
(Definition of nominal from the Cambridge Business English Dictionary © Cambridge University Press)
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“nominal” in American English

“nominal” in Business English

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