Definition
Nominal price
Computed price quotation on futures for a period in which no actual trading took place, usually an average of bid and asked prices.
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Nominal Price (or Nominal Quotation)
Computed price quotation on a futures or option contract for a period in which no actual trading took place, ...
Nominal Price / Nominal Quotation - Computed price quotation on a futures or option contract for a period in which no actual trading took place, ...
Despite unprecedented nominal prices, global gold demand surged by 36% in the second quarter (including a noteworthy 121% increase in Chinese retail investment demand).
According to economist Paul Krugman, "while I regard the evidence for such stickiness as overwhelming, the assumption of at least temporarily rigid nominal prices is one of those things that works beautifully in practice but very badly in theory.
Some changes that might affect it are floating rate debt, although adjustable rate preferred stocks have a tendency to have stable pricing. This is mainly because the amount of the dividend can be changed to offset nominal price changes.
Related: Load fund Nominal pricePrice quotations on futures for a period in which no actual trading took place.
Nominal price: The declared price for a futures or options contract, sometimes used in place of a closing price when no recent trading has taken place in that particular delivery month; usually an average of the bid and asked prices.
 See also: Market, Exchange, Trading, Period, Future
  
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