nominal value

noun

Examples of nominal value in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Meanwhile, the nominal value of U.S. agricultural exports to China (soybeans in particular) has surged, driven by elevated prices resulting from the war in Ukraine. Jami Miscik, Foreign Affairs, 24 May 2023 It’s also been a wildly good run for homeowners, as property values have soared and inflation has eroded the nominal value of their monthly mortgage payment. Harris wants to upgrade America’s economy. Allison Morrow, CNN, 31 Oct. 2024 Therefore, even if the nominal value increases somewhat, the real buying power of your funds reduces. Jim Osman, Forbes, 3 Sep. 2024 The justices should not be permitted to accept gifts above a nominal value. Gabe Roth, Twin Cities, 19 June 2024 See all Example Sentences for nominal value 

Word History

First Known Use

1696, in the meaning defined above

Time Traveler
The first known use of nominal value was in 1696

Dictionary Entries Near nominal value

Cite this Entry

“Nominal value.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nominal%20value. Accessed 21 Nov. 2024.

Last Updated: - Updated example sentences
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