This is an interesting example of how a name may be a combination of both the personal and the topographical. Ham-et was a diminutive form of the Norman personal name Hamo(n), plus ette from the French Petit meaning small or little. Thus the name would have been given to mean son of Hamo.
By contrast, a real value is a value that has been adjusted from a nominal value to remove the effects of general price level changes over time and is thus measured in terms of the general price level in some reference year (the base year).he simple case of a bundle of commodities (goods) is one that has only one commodity. In that case, output or consumption may be measured either in terms of money value (nominal) or physical quantity (real). Let i designate that commodity and let:
DEFINITION of 'Actuals'. The physical commodity that underlies a futures contract or is traded in the physical market. This is the homogeneous commodity that is the basis for trade, either through the physical market or a derivative contract such as oil, corn or gold. Cash Commodity.