What does nominals mean?
noun
Nominals are words that function as nouns, often referring to abstract concepts or categories, such as 'nominal value' or 'nominal interest rate'. They can also refer to words that are used as nouns in a particular context, such as 'nominal head' in linguistics.
Example
"The company's nominal value is $10 per share, but the market value is much higher."
Definition generated by AI and curated by RJS Tech Solutions LLP.