Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- NOMINAL
Is used in the sense of an indication. For example, a security may have a nominal price, nominal bid, or nominal offer. This not reflects a broker or dealer's willingness to execute at that price, for that security, and at that time. It shows a level or point from which subsequent price discovery may evolve.Back