In 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.

insignificantly small; a matter of form only He sought nominal damages of one dollar from each defendant. — Reuters (Jan 23, 2012)

early 15c., "pertaining to nouns," from Latin nominalis "pertaining to a name or names," from nomen (genitive nominis) "name," cognate with Old English nama (see name (n. [..]

method of categorizing a set of data where the order of the categories is not important.

1. In the form most directly observed or named, in contrast to a form that has been adjusted or modified in some fashion. 2. As measured in terms of money, usually in contrast to real.

The actual dollar price of stuff when it's bought or sold. The contrast is with the term real, which is actual value adjusted for price changes or inflation.

adj. Trivial.

a size indicator for reference only.

The theoretical or stated value of the OD, ID, or wall dimension as specified by the customer. Usually refers to pipe sizes up to and including 12-inch IPS.

Definitions (2) 1. Not adjusted for inflation.

A term used to express the theoretical diameter or wall thickness of a pipe. The actual diameter or wall thickness will vary within accepted limits from the nominal value.

1 : existing or being something in name or form but usually not in reality [defenses…raised by the corporation as defendant in a derivative suit "R. C. Clark"] 2 : being so small or trivial [..]

The preferred size or weight that is specified or indicated for a certain cable element.

Name or identifying value of a measurable property by which cable components or performance is identified and to which tolerances may be applied.

Monetary values, wages, or prices, measured in current prices.

(n) a phrase that can function as the subject or object of a verb(adj) relating to or constituting or bearing or giving a name(adj) insignificantly small; a matter of form only (`tokenish' is inf [..]

 - The normal operating value.

An appropriate rounded value of a magnitude to designate a component, a unit or a device.

Of, being, or related to a designated or theoretical size that may vary from the actual.

economic values expressed in current prices.  A general increase in prices will cause nominal prices to rise even if there is no real change in the value (see real).

A term related to "size" or "dimension", indicating a designation only, not the actual measurement. (e.g. 2 inch nominal pipe measures 2-3/8 inches outside diameter and no standard Schedule of the 2 inch pipe has a 2" inside diameter).

function (nominalfunksjon): the syntactic functions typical of nouns and noun phrases, viz. subject , direct object, indirect object, predicative, complement of preposition. The term is most commonly [..]

relative clause (nominal relativsetning): a type of nominal subordinate clause. Unlike adjectival relative clauses, it does not have an antecedent in the matrix clause, and it is not introduced by a r [..]

subordinate clause(nominal leddsetning): a subordinate clause with a nominal function. Types of finite nominal clauses are that-clauses, indirect questions, and nominal relative clauses. Besides, non- [..]

In The Conference Board of Canada documents, “nominal” most commonly refers to totals that have not been adjusted to take into account inflation or other fluctuations. As in “nominal wages,” “nominal GDP,” or “nominal [or current] dollars.”

Actual measurement of a board, i.e. a 1x4 actually may be 3/4" x 3-1/2".

Nominal is a description given to any dimension to indicate that it does not represent a precise value. Example: A nominally 2 in. deep filter is frequently 1 - 7/8 in. deep.

The dimensions customarily used when referring to a particular size of material, such as timber, which may differ from the actual finished size.

Of, resembling, relating to, or consisting of a name or names. Assigned to or bearing a person's name. Existing in name only. ''a nominal difference'' * *: Nominal attendance on lectures. [..]