nom·i·nal
ˈnä-mə-nᵊl
ˈnäm-nəl
1
: of, relating to, or being a noun or a word or expression taking a noun construction
2
a
: of, relating to, or constituting a name
b
: bearing the name of a person
3
a
: existing or being something in name or form only
nominal head of his party
b
: of, being, or relating to a designated or theoretical size that may vary from the actual : approximate
the pipe's nominal size
c
: trifling, insignificant
his involvement was nominal
charged only nominal rent
4
of a rate of interest
a
: equal to the annual rate of simple interest that would obtain if interest were not compounded when in fact it is compounded and paid for periods of less than a year
b
: equal to the percentage by which a repaid loan exceeds the principal borrowed with no adjustment made for inflation
5
: being according to plan : satisfactory
everything was nominal during the launch
nominally
adverb
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Merriam-Webster unabridged
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