HomeDefinitionsCompareDebt Nominal priceThe financial definition for Nominal price:Price quotations on futures for a period in which no actual trading took place. Similar MatchesDeferred nominal life AnnuityDeferred nominal life AnnuityA monthly fixed-dollar payment beginning at retirement age. It is nominal because the payment is fixed in a dollar amount at any particular time, up to and including retirement. NominalNominalIn name only. Differences in compounding cause the nominal rate to differ from the effective interest rate. Inflation causes the purchasing power of money to differ from one time to another. Nominal annual rateNominal annual rateAn effective rate per period multiplied by the number of periods in a year. Same as annual percentage rate. Further SuggestionsNominal cash flowNominal dollars Nominal exchange rate Nominal exercise price Nominal income Nominal interest rate Nominal quotation Click to compare definitions of Nominal price Click to view definitions beginning no |