What is "nominal value"

Usage examples of "nominal value".

Some proposed that the notes should be reduced to the value of the specie, while others proposed that the nominal value of the specie should be raised till it was on an equality with the paper.

Paper may have the same nominal value but its usefulness is contingent on a hundred factors, most of which are impossible to comprehend, unless you live at Versailles.

This tradition avoided the risk of touching and it avoided coming close to the marriage ritual, since one way to create a legally binding marriage involved the groom giving an item of even nominal value into the bride's hand.

Now, assuming that the original intrinsic value of these coins was the same as their nominal value—.

Some states gave more support than others, but the troops, being paid in paper money at its nominal value, found in general that the four months pay of a private soldier was not enough to buy a single bushel of wheat, nor the pay of a colonel oats enough for his horse.

Some states gave more support than others, but the troops, being paid in paper money at its nominal value, found in general that the four months’.

Shortly after the dissolution of the group, the Tennessee Valley Authority had condemned the entire valley, paying its residents nominal value for their land.

If it was all going into Hemphill's suit, as he supposed it must be, Hemphill's reserve power would be boosted well above its nominal value.