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Glossary   >   N   >   "Nominal account" Definition            Nominal account An account kept in a ledger which itemises revenue and expenditure such as sales and operating costs. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Nominal account - An account kept in a ledger which itemises revenue and expenditure such as sales and operating costs.