The phrase "a nominal term" is correct and usable in written English.
It can be used in contexts discussing terminology, linguistics, or philosophy, where you want to refer to a term that represents a name or label rather than a specific quantity or value.
Example: "In linguistics, 'dog' is a nominal term that refers to a type of animal without specifying any particular instance."
Alternatives: "a naming term" or "a label term".
But in an economy growing by 15% a year (in nominal terms), that floor is unlikely to deter borrowers.
But Westminster folk memories of the disruptive fuel-price protests in 2000 are vivid and the government is watching with dread as fuel prices head skyward again.According to the Automobile Association (AA), a motoring organisation, in January a litre of diesel cost 132.8p, a record in nominal terms, and a litre of petrol 128.3p, just shy of the all-time peak.
But the thing that has shot up over the past few months is concern over fuel prices, which has risen by 7 percentage points since Feburary's poll, to the highest level since July 2008, when oil prices peaked at $147 a barrel, a record in nominal terms.
While $100.01 is the first close above $100 a barrel and a record in nominal terms, it is still shy of the inflation-adjusted record of $103.35, set in April 1980.
In the seven years to 2009, earnings increased at a rate of 3.7% a year in nominal terms, and thanks to low price inflation by 1.6% in real terms, continuing a trend of positive growth in real earnings every year since the late 1970s.
Between 2001 and 2010 German wages rose by an average of just 1.1% a year in nominal terms, leaving them flat in real terms.
After all, the price of a barrel of oil shot above $44, a record in nominal terms, on the New York Mercantile Exchange this week (see chart).Oddly enough, the mere observation that the market was "crazy" has been one factor pushing prices higher.
Wages in manufacturing have fallen by up to a fifth (in nominal terms) in three years, reckons Martin Redrado of Fundacion Capital, a think-tank.In this section Down, and almost out, in Buenos Aires Pillars of the community Untouchable?
For regular gasoline in the United States, that average price point would be $4.11 a gallon in nominal terms, and $4.27, accounting for inflation.
Since the spring, wheat prices have doubled and almost every crop under the sun maize, milk, oilseeds, you name it is at or near a peak in nominal terms.
