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
Pictures of the day
Do you know what each of these is called?
Click on the pictures to check.