Nominal quote: A quote that is not a firm quote. A broker/dealer giving a nominal quote is not obligated to trade at that price.
Nominal yield: The stated interest rate on a bond issue, often called the coupon rate.
A quotation from a market maker to buy and sell a security at firm bid and ask prices. Compare nominal quote.
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A price quote on a security, made by a dealer or market maker, that guarantees a bid or ask price up to the amount quoted. This differs from a nominal quote wherein the price and quantity of a bid or ask quote are not firmly posted.
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 See also: Market Maker, Bid, Market, Ask, Close
  
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