Nominal means the notional or minimum significance of a thing. This is different from most things in mathematics. Things in mathematics tend to be literally true, and you can trust them to do the same thing they always do no matter what. But not so with nominalism.What does nominal mean in science?
What does 'Nominal' mean. Nominal means very small or far below the real value or cost, and in finance, this adjective modifies words such as fee, interest rate and gross domestic product (GDP).What is nominal and numerical?
"Nominal" refers to the use of numbers: any nominal number can be used by its numerical value as an integer—added to another, multiplied, compared in magnitude, and so forth—but for nominal numbers these operations are not, in general, meaningful.What does nominal meaning?
Nominal may refer to one of two definitions. It means very small or far below the real value or cost, and in finance, this adjective modifies words such as fee, or cost.