English version

nominal value

From Longman Business Dictionary
Related topics: Finance
nominal valueˌnominal ˈvalue1[countable, uncountable]FINANCE in shares and bonds, another name for PAR VALUEUnder a new law, Swiss companies will be able to lower the nominal value of their shares to 10 Swiss francs from 100.2[countable, uncountable] the nominal value of a BANKNOTE is the amount printed on itA system of banknotes is economical when the nominal value of each note is about double that of the lesser note. value
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