Definition of Nominal
Nominal
nom·i·nal


Definition/Meaning
(adjective)
Relating to or consisting of names or titles, rather than actual value or amount.

e.g. The company's nominal leader was not involved in the decision-making process.

(adjective)
very small or insignificant;

e.g. There is a nominal service fee that is applied when transferring the money into a new account.



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