nominal price

1) A minimal price fixed for the sake of having some consideration for a transaction. It need bear no relation to the market value of the item.
2) The price given to a security when it is issued, also called the face value, nominal value, or par value. For example, XYZ plc 25p ordinary shares have a nominal price of 25p, although the market value may be quite different. The nominal value of a share is the maximum amount the holder can be required to contribute to the company.

Accounting dictionary. 2014.

Look at other dictionaries:

  • Nominal price — Price quotations on futures for a period in which no actual trading took place. The New York Times Financial Glossary * * * nominal price nominal price ➔ price1 * * * nominal price UK US noun [C] ► COMMERCE an amount of money paid for something… …   Financial and business terms

  • nominal price — ( or nominal quotation) The price quotation calculated for futures or options for a period during which no actual trading occurred. These quotations are usually calculated by averaging the bid and asked prices. The CENTER ONLINE Futures Glossary… …   Financial and business terms

  • Nominal price —   The price paid for a product or service at the time of the transaction. Nominal prices are those that have not been adjusted to remove the effect of changes in the purchasing power of the dollar; they reflect buying power in the year in which… …   Energy terms

  • nominal price — full price, retail price, face value …   English contemporary dictionary

  • Nominal Price —   The price paid for goods or services at the time of a transaction; a price that has not been adjusted to account for inflation …   Energy terms

  • nominal price — 1) A minimal price fixed for the sake of having some consideration for a transaction. It need bear no relation to the market value of the item. 2) The price given to a security when it is issued. This is the maximum amount the holder can be… …   Big dictionary of business and management

  • nominal price — Fin the price of an item being sold when consideration does not reflect the value …   The ultimate business dictionary

  • price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …   Financial and business terms

  • nominal quotation — ( or nominal price) The price quotation calculated for futures or options for a period during which no actual trading occurred. These quotations are usually calculated by averaging the bid and asked prices. The CENTER ONLINE Futures Glossary Used …   Financial and business terms

  • nominal — [[t]nɒ̱mɪn(ə)l[/t]] 1) ADJ: usu ADJ n You use nominal to indicate that someone or something is supposed to have a particular identity or status, but in reality does not have it. As he was still not allowed to run a company, his wife became its… …   English dictionary

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