单词 | nominal price |
释义 | nominal price nominal price noun [C]
1 (Accounting ) the money value of a product, raw material, etc. without considering the effect of inflation on this value: Inflation reduced the real price of our products by 15% before we were forced to raise the nominal price. The nominal price of oil remained the same during this period, but the inflation-adjusted price fell.
2 (Finance ) = PAR: I bought bonds with a nominal price of €100 for a discounted price of €85.
3 a very small amount of money that is paid for sth, which is much less than the market price would be: They bought the company for the nominal price of 1 cent a share. They sold the equipment to the school for a very nominal price.
4 (Finance ) (also nominal quotation) the price estimated for a share, commodity, etc. that has not yet been traded, and therefore has no market price |
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