Meaning of the word nominally in English

What does nominally mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

nominally

US /ˈnɑː.mə.nəl.i/
UK /ˈnɒm.ɪ.nəl.i/

Adverb

1.

in name only; theoretically or formally, but not in reality

Example:
He is nominally in charge, but his assistant does all the work.
The country is nominally a democracy, but in practice, it's a dictatorship.
2.

by a very small amount; in a negligible way

Example:
The fee charged was nominally higher than last year.
The price increase was so small it was nominally insignificant.