nominal cost
expected price that will be paid when a cost is due to be paid, including estimated changes in price due to, for example, forecast change in efficiency, inflation (3.1.49) or deflation (3.1.49) and technology
nominal cost
expected price that will be paid when a cost is due to be paid, including estimated changes in price due to, for example, forecast change in efficiency, inflation (3.1.49) or deflation (3.1.49) and technology