| 单词 | nominal income |
| 释义 | nominal incomeDefinitions 1. Income unadjusted for the effects of inflation or deflation, and stated in the currency in which it is earned. 2. The part of a salary or wage paid out in cash not including benefits such as subsidized meals or transportation. Use 'nominal income' in a SentenceThe nominal income rates in the United States have been slowly but surely rising after the Great Recession, which has allowed companies to increase pay scales. The bank assessed the couple's nominal income in order to determine whether they would qualify for the loan which they needed in order to purchase their first home. It was nerve wracking because I had never seen what our nominal income was for the year and now I would be looking at it for the first time. |
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