Definition of Nominal dollars

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TeachMeFinance.com - explain Nominal dollars



Nominal dollars

The term 'Nominal dollars' as it applies to the area of reclamation can be defined as ' Dollar value in the indicated year, not adjusted for inflation'.

The term 'Nominal dollars' as it applies to the area of energy can be defined as ' A measure used to express nominal price'.


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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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