According to Hume’s principle, a sentence of the form ⌜The number of Fs = the number of Gs⌝ is true if and only if the Fs are bijectively correlatable to the Gs. Neo-Fregeans maintain that this principle provides an implicit definition of the notion of cardinal number that vindicates a platonist construal of such numerical equations. Based on a clarification of the explanatory status of Hume’s principle, I will provide an argument in favour of a nominalist construal of numerical equations. (...) The neo-Fregean objections to such a construal will be examined and rejected. And the implications of the nominalist construal for the use of numerals and for the understanding of ontological questions for the existence of numbers will be spelled out. (shrink)