NOMINAL VALUE Definition

Bookmark and Share

NOMINAL VALUE is the par, or face, value of something e.g. a share issue.

Learn new Accounting Terms

PETTY is small and of little importance.

WINDFALL PROFIT/GAIN is profit that occurs suddenly as a result of an event not controlled by the company or person realizing the gain from the event. For example, a hurricane may bring extraordinary revenue to a roofing contractor as a result of the natural disaster.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.