Existing in name only; not real or actual.
synonyms:theoreticalsupposedRelating to or consisting of names.
synonyms:nomenclaturalnamingIn finance, relating to an amount before adjustments for inflation.
synonyms:face valuestatedThe word 'nominal' comes from the Latin word 'nominis', which means 'of a name'. It has been used in English since the late 14th century.
Nominal is often used in everyday conversation, finance, and academic contexts, making it versatile.
While not used in everyday casual conversation, it appears frequently in academic, financial, and legal discussions.
The nominal fee for the event is only ten dollars, but donations are encouraged.
Although he held the nominal title of manager, the real decisions were made by others.
The nominal interest rate does not take inflation into account, which can affect purchasing power.
The word 'nominal' is an interesting term that serves multiple purposes in our language. It can describe something that exists in name only, like a title without real authority. Originating from the Latin word for 'name', it has evolved to also play a vital role in finance, typically referring to amounts before inflation adjustments. This versatile word finds its way into everyday conversation and professional jargon alike, making it a delightful addition to our vocabulary!