NOMINAL VALUE
(noun)Definitions
There is 1 meaning of the phrase
Nominal Value.
Nominal Value - as a noun
The value of a security that is set by the company issuing it; unrelated to market value
Synonyms (Exact Relations)
face valuepar valueExample Sentences
"The banknote has a nominal value of $10."
"The coins were collected for their nominal value."
"The nominal value of the stamp was displayed on the envelope."
"The auctioneer started the bidding at the nominal value."
"The bonds were issued at a nominal value of $1000 each."