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What is the difference between nominal and real?

nominal | real |

Real is a antonym of nominal.



In grammar terms the difference between nominal and real

is that nominal is a part of speech that shares features with nouns and adjectives while real is one of the three genders that the common gender can be separated into in the Scandinavian languages.

In economics terms the difference between nominal and real

is that nominal is without adjustment to remove the effects of inflation; contrasted with real while real is relating to the result of the actions of rational agents; relating to neoclassical economic models as opposed to Keynesian models.

As an adverb real is

really, very.

As a proper noun Real is

Real Madrid, a football club from Madrid.

nominal

Adjective

(-)
  • Of, resembling, relating to, or consisting of a name or names.
  • Assigned to or bearing a person's name.
  • Existing in name only.
  • a nominal difference
  • * (rfdate)
  • Nominal attendance on lectures.
  • (philosophy) Of or relating to nominalism.
  • (senseid) Insignificantly small; trifling.
  • He gave me only a nominal sum for my services.
  • Of or relating to the presumed or approximate value, rather than the actual value.
  • The nominal voltage is 1.5 V, but the actual figure is usually higher.
  • (finance) Of, relating to, or being the amount or face value of a sum of money or a stock certificate, for example, and not the purchasing power or market value.
  • (finance) Of, relating to, or being the rate of interest or return without adjustment for compounding or inflation.
  • (grammar) Of or relating to a noun or word group that functions as a noun.
  • This sentence contains a nominal phrase.
  • (engineering) According to plan or design; normal.
  • We'll just do a nominal flight check.
    Apart from the slightly high temperature, all the readings from the spacecraft are nominal .
  • (economics) Without adjustment to remove the effects of inflation; contrasted with real.
  • My employer does not understand how low my nominal wage is.
    The nominal GNP of this country is pretty low.
  • * 1991 , Richard J. Gilbert, Regulatory Choices: A Perspective on Developments in Energy Policy , page 267,
  • Comparisons of the costs of the Diablo Canyon plant with other nuclear power plants can be misleading because the available cost data are in nominal dollars and therefore include the toll of inflation over the construction periods.
  • * 2001 , Erich A. Helfert, Financial Analysis: Tools and Techniques: A Guide for Managers , page 467,
  • This simple process allows us to convert nominal dollars into inflation-adjusted real dollars.
  • (statistics, of a variable) Having values whose order is insignificant.
  • Antonyms

    * (economics) real

    Derived terms

    * denominal * nominalness * nominally

    Noun

    (en noun)
  • (grammar) A noun or word group that functions as a noun phrase.
  • This sentence contains two nominals .
  • (grammar) A part of speech that shares features with nouns and adjectives.
  • Hyponyms

    * noun * pronoun

    Anagrams

    * ----

    real

    English

    Etymology 1

    From (etyl) reel, from .

    Adjective

    (en-adj)
  • True, genuine, not merely nominal or apparent.
  • * 2007 , Jim Kokoris, The Rich Part of Life: A Novel (ISBN 1429976438), page 179:
  • [T]he real reason he didn't come was because he was scared of flying[.]
  • * {{quote-magazine, date=2013-06-29, volume=407, issue=8842, page=55, magazine=(The Economist)
  • , title= Travels and travails , passage=Even without hovering drones, a lurking assassin, a thumping score and a denouement, the real-life story of Edward Snowden, a rogue spy on the run, could be straight out of the cinema. But, as with Hollywood, the subplots and exotic locations may distract from the real message: America’s discomfort and its foes’ glee.}}
  • Genuine, not artificial, counterfeit, or fake.
  • * {{quote-magazine, title=A better waterworks, date=2013-06-01, volume=407, issue=8838
  • , page=5 (Technology Quarterly), magazine=(The Economist) citation , passage=An artificial kidney these days still means a refrigerator-sized dialysis machine. Such devices mimic the way real kidneys cleanse blood and eject impurities and surplus water as urine.}}
  • Genuine, unfeigned, sincere.
  • * Milton:
  • Whose perfection far excelled / Hers in all real dignity.
  • * {{quote-magazine, date=2013-06-21, author=(Oliver Burkeman)
  • , volume=189, issue=2, page=27, magazine=(The Guardian Weekly) , title= The tao of tech , passage=The dirty secret of the internet is that all this distraction and interruption is immensely profitable. Web companies like to boast about […], or offering services that let you
  • Actually being, existing, or occurring; not fictitious or imaginary.
  • a description of real life
  • * Milton:
  • I waked, and found / Before mine eyes all real , as the dream / Had lively shadowed.
  • That has objective, physical existence.
  • (economics) Having been adjusted to remove the effects of inflation; measured in purchasing power .
  • (economics) Relating to the result of the actions of rational agents; relating to neoclassical economic models as opposed to Keynesian models.
  • (mathematics, of a number) Being either a rational number, or the limit of a convergent infinite sequence of rational numbers: being one of a set of numbers with a one-to-one correspondence to the points on a line.
  • (legal) Relating to immovable tangible property.
  • * Francis Bacon
  • Many are perfect in men's humours that are not greatly capable of the real part of business.
  • Absolute, complete, utter.
  • (slang)
  • Synonyms
    * true, actual * authentic, genuine, actual * authentic, genuine, heartfelt, true, actual * (that has physical existence) actual
    Antonyms
    * imaginary, unreal * artificial, counterfeit, fake, sham * feigned, sham, staged * (that has physical existence) fictitious, imaginary, made-up, pretend (informal) * (relating to numbers with a one-to-one correspondence to the points on a line) imaginary
    Derived terms
    * for real * get real * keep it real * real analysis * real asset * real axis * real body * real capital * real deal/the real deal * real estate * real focus * real image * real income * reality * real life * real line * really * real market * real matrix * real McCoy * realness * real number * real option * real part * real presence * real property * real return * real soon now * real storage * real stuff * real tennis * real thing/the real thing * real time * real-valued * real variable * real wages * real world/real-world

    Adverb

    (-)
  • (US, colloquial) Really, very.
  • Noun

    (en noun)
  • A commodity; see reality.
  • (grammar) One of the three genders that the common gender can be separated into in the Scandinavian languages.
  • (mathematics) A real number.
  • *
  • There have been several classical constructions of the reals that avoid these prob-
    lems, the most famous ones being Dedekind Cuts'' and ''Cauchy Sequences , named
    respectively for the mathematicians Richard Dedekind (1831 - 1916) and Augustine
    Cauchy (1789 - 1857). We will not discuss these constructions here, but will use a
    more modern one developed by Gabriel Stolzenberg, based on "interval arithmetic."
  • (obsolete) A realist.
  • (Burton)

    Etymology 2

    From (etyl) .

    Noun

    (reales)
  • Former unit of currency of Spain and Spain's colonies.
  • A coin worth one real.
  • Etymology 3

    From (etyl) .

    Noun

  • A unit of currency used in Portugal and its colonies from 1430 until 1911, and in Brazil from 1790 until 1942
  • A coin worth one real.
  • Noun

    (en-noun)
  • A unit of currency used in Brazil since 1994. Symbol: .
  • * 2011 , Perry Anderson, "Lula's Brazil", London Review of Books , 33.VII:
  • Within weeks of this bombshell, an aide to the brother of the chairman of the PT, José Genoino, was arrested boarding a flight with 200,000 reais in a suitcase and $100,000 in his underpants.
  • A coin worth one real.
  • Synonyms
    * (old Portuguese and Brazilian unit of currency)
    Meronyms
    * (current Brazilian unit of currency)

    Statistics

    *