What does "nominal value" mean?

The value or price of something, with no adjustments for inflation.

What is a synonym for "nominal value"?

Common synonyms include: face value, par value, apparent value, asking price, bid price, book value.

noun

noun ·Rare ·Advanced level

Noun

1
The value or price of something, with no adjustments for inflation.
2
the value of a security that is set by the company issuing it; unrelated to market value wordnet