nominal value wikipedia - EAS
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In various subfields of engineering, a nominal value is one for which the "name" for the value is close to, but not the same as, the actual value. Some examples: For example, dimensional lumber sizes such as "2 by 4" refers to a board whose finished dimensions are closer to 1+1⁄2 inches by 3+1⁄2
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See moreThe distinction between real value and nominal value occurs in many fields. From a philosophical viewpoint, nominal value represents an accepted condition, which is a goal or an approximation, as opposed to the real value, which is
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See moreIn manufacturing, a nominal size or trade size is a size "in name only" used for identification. The nominal size may not match any dimension of the product, but within the domain of that
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See more• Paper size
• Trade gallon
• US standard clothing size
• Caliber
• Preferred number
• Nominal impedance...
See more1. ^ R. K. Rajputpage A textbook of manufacturing technology: (manufacturing processes), Firewall Media, 2008 ISBN 81-318-0244-2 page
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See moreWikipedia text under CC-BY-SA license In economics, nominal value is measured in terms of money, whereas real value is measured against goods or services. A real value is one which has been adjusted for inflation, enabling comparison of quantities as if the prices of goods had not changed on average. Changes in value in real terms therefore exclude the effect of inflation. In contrast with a real value, a nominal value has not been adjusted for inflation, and so changes in nominal value reflect at least in part the ef…
Wikipedia · Text under CC-BY-SA licenseNominal value principle - zxc.wiki