Dictionary of Business Terms: nominal dollars
nominal dollars
amounts that have not been adjusted to the present for inflation.
Dictionary of Finance and Investment Terms: nominal dollars
nominal dollars
dollars unadjusted for inflation. For example, economists will refer to a product that cost 100 nominal dollars several years ago, and now costs $150. However, adjusted for inflation, the product's current price may be much higher or lower. Most financial statements are reported in nominal dollars.
