Word Pronunciation & Dictionary

nominal price

Word Rarity Rare

Frequency: Zipf frequency 3.59 in modern English

Syllables: nom-i-nal price
IPA

18

Scrabble Score

12

Letters

3

Syllables

10

Unique Chars

Meaning

n

an estimated price that may or may not resemble an asset's market price.

Example Sentences

"A nominal price can be established as part of a negotiation, or as an initial price when a product has just been introduced."

Questions

What does nominal price mean?: an estimated price that may or may not resemble an asset's market price.

How to pronounce nominal price

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