When you buy an asset, its value – adjusted for depreciation – stays on your books for years. The amounts you record in nominal accounts are short-term. At the end of the fiscal year, you set them to ...

Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. Vikki Velasquez is a researcher and writer ...

Nominal means unadjusted for inflation or simply a face value in finance. Nominal fees are minor compared to the main product or service cost. Market values of stocks and bonds can differ ...