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nominal account

См. также в других словарях:

  • nominal account — UK US noun [C] ► ACCOUNTING a written record of the money a company has made and spent since the beginning of the present accounting period, at the end of which the amount is moved to a permanent account → Compare REAL ACCOUNTS(Cf. ↑real… …   Financial and business terms

  • nominal account — A ledger account that is not a personal account in that it bears the name of a concept, e.g. light and heat, bad debts, investments, etc., rather than the name of a person. These accounts are normally grouped in the nominal ledger. See also: real …   Accounting dictionary

  • nominal account — A ledger account that is not a personal account in that it bears the name of a concept, e. g. light and heat, bad debts, investments, etc. , rather than the name of a person. These accounts are normally grouped in the nominal ledger See also real …   Big dictionary of business and management

  • nominal account — noun : any one of the income or expense accounts compare mixed account, real account …   Useful english dictionary

  • nominal — Titular; existing in name only; not real or substantial; connected with the transaction or proceeding in name only, not in interest. Park Amusement Co. v. McCaughn, D.C.Pa., 14 F.2d 553, 556. Not real or actual; merely named, stated, or given,… …   Black's law dictionary

  • nominal — Titular; existing in name only; not real or substantial; connected with the transaction or proceeding in name only, not in interest. Park Amusement Co. v. McCaughn, D.C.Pa., 14 F.2d 553, 556. Not real or actual; merely named, stated, or given,… …   Black's law dictionary

  • account — A detailed statement of the mutual demands in the nature of debit and credit between parties, arising out of contracts or some fiduciary relation. A statement in writing, of debits and credits, or of receipts and payments; a list of items of… …   Black's law dictionary

  • account — A detailed statement of the mutual demands in the nature of debit and credit between parties, arising out of contracts or some fiduciary relation. A statement in writing, of debits and credits, or of receipts and payments; a list of items of… …   Black's law dictionary

  • Nominal Interest Rate — Nominal interest rates refer to referes to the rate of interest prior to taking inflation into account. Depending on its application, an inflation and risk premium must be added to the real interest rate in order to obtain the nominal rate.… …   Investment dictionary

  • account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …   Financial and business terms

  • Nominal — In name only. Differences in compounding cause the nominal rate to differ from the effective interest rate. Inflation causes the purchasing power of money to differ from one time to another. The New York Times Financial Glossary * * * nominal… …   Financial and business terms

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