Definitions for "Nominal Value"
A value assigned for the purpose of a convenient designation. A nominal value exists in name only.
The stated (face) value of an asset as against its market price. See face value. A parcel of securities that does not conform to the stock market's conventional round numbers (usually multiples of 100).
The stated "target" value for a characteristic of the outcome of a process...As distinguished from what the process is delivering.