The nominal salary may differ from the actual salary.
Nominal is an adjective that allows you to name what belongs to or is related to the name . The term (originating from the Latin word nominālis ) is usually used to refer to something that has a name for something but lacks the reality of it in part or in whole.
This can be understood with the example of salary . The real salary is given by the amount of goods that a worker can acquire with the volume of money he receives for his activity. That is, the real salary is your purchasing power. The nominal salary , on the other hand, represents the volume of money assigned by the position held by the worker. If the nominal salary is not updated periodically and there is a period of inflation, the worker's purchasing power is reduced (he or she receives the same level of income but is able to buy fewer products).
This distinction allows us to differentiate between a real increase in salary or a simple readjustment. If a worker receives a 5% increase in his real salary and inflation is 10%, his purchasing power will continue to decrease.
Nominal interest rate and nominal vote
The nominal interest rate , on the other hand, is the profitability that a financial product provides periodically. For example: when making a two-year deposit with a nominal interest rate of 5% for a value of $500, at the end of the period the interest would reach $50.
In addition to all this, we would have to refer to the fact that in the field of politics what is known as roll call vote is used. Thus, this term is used to refer to those voting processes that are carried out by giving each person both their first and last name.
The concept of nominal is used in economics and finance.
The concept in grammar
Grammar is another discipline that also uses the use of the term in question on various occasions. Thus, specifically, it does so to create the concept of a nominal sentence. We can say that this is a phrase that does not have a verb or that if it does, it is of the copulative type. A singularity that is worth highlighting is that it is usually used with some regularity in the media to create news headlines.
Some examples that may work to understand that sentence are the following: “What a boring conference!”, “Blas, Epi's best friend”, “Lionel Messi, the best striker in the history of football”, “The president of the government, concerned about the current state of the country.”
Noun phrase and predicate noun
For linguistics, a noun phrase is one that has a noun as its nucleus (be it a noun, a substantive adjective or a pronoun).
Likewise within linguistics, there is also talk of what is known as a nominal predicate. This is a term that is used to refer to any predicate that is made up of the following two elements: copulative verb and an attribute.
There are three copulative verbs: see, be and seem. Meanwhile, the attribute can be an adverb, an adjective, a noun, a noun phrase, a prepositional phrase, an infinitive or a pronoun.