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- DictionaryNom·i·nal val·ue/ˈnämənl ˌvalyo͞o/
noun
- 1. the value that is stated on currency; face value.
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noun
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In economics, nominal value refers to value measured in terms of absolute money amounts, whereas real value is considered and measured against the actual goods or services for which it can be exchanged at a given time. Real value takes into account inflation and the value of an asset in relation to its purchasing power. Wikipedia