nominal price
Symbolic payment amount
A nominal price is a token amount charged for something that could reasonably cost more or nothing at all.
The small fee acknowledges a transaction without reflecting true market value: The museum charges a nominal price for admission.
The phrase often signals that cost shouldn't be a barrier—the price exists for formality or to establish some exchange rather than for profit.
- inflation rateSpeed of rising costs
- deflationSustained decrease in prices
- cost structureHow outlays are organized
- purchasing powerEconomic spending ability
- exchange rateCurrency conversion value
supply curve · face value · market trends · demand curve · fixed costs · marginal cost · variable costs · accounting standards · monetary policy · financial derivatives · par value · book value · dollar amount · stock valuation
nominal pricereal value
True underlying worth
market value · actual value · fair market value · intrinsic value · market price
nominal pricefull price
Amount without reductions
actual cost · market price · market rate · going rate · sticker price
nominal, naming, namely, nominate, nominated, nominating, nomination, nominee, nomenclature