nominal value

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Definitions from WordNet

Noun nominal value has 1 sense

par value, face value, nominal value - the value of a security that is set by the company issuing it; unrelated to market value
--₁ is a kind of value

Definitions from the Web

Nominal Value

Definition: Nominal value refers to the face value or the stated value of something, particularly a financial asset or a currency. It represents the value assigned to an item for accounting purposes, rather than its market or intrinsic value.

Examples:

Noun:

The nominal value of the company's shares is $10 each.
The nominal value of a banknote might be $100, but its actual purchasing power may be different due to inflation.

Adjective:

He only bought the car because it had a nominal value, despite its poor condition.
These collectible stamps have a nominal value of a few cents but can be sold for much higher prices.

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