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- Dictionarynotional/ˈnəʊʃən(ə)l/
adjective
- 1. existing as or based on a suggestion, estimate, or theory; not existing in reality: "notional budgets for hospital and community health services"
- 2. denoting or relating to an approach to grammar which is dependent on the definition of terminology (e.g. ‘a verb is a doing word’) as opposed to identification of structures and processes.
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adjective. uk / ˈnəʊʃ ə n ə l / us. Add to word list. existing only as an idea, or as an approximate amount: Diamonds only retain their notional value through strict control of the market. Almost everyone will have to pay a higher tax bill than the notional amount suggested by the government.
The meaning of NOTIONAL is theoretical, speculative. How to use notional in a sentence.
adjective. pertaining to or expressing a notion or idea. of the nature of a notion or idea: a notional response to the question. abstract, theoretical, or speculative, as reflective thought. not real or actual; ideal or imaginary: to create a notional world for oneself. given to or full of foolish or fanciful ideas or moods. Grammar.
adjective. uk / ˈnəʊʃ ə n ə l / us. Add to word list. existing only as an idea, or as an approximate amount: Diamonds only retain their notional value through strict control of the market. Almost everyone will have to pay a higher tax bill than the notional amount suggested by the government.
May 15, 2024 · Notional value is the face or total value of a position in a financial instrument, such as a derivatives trade. It helps distinguish the total value of a trade from the...
Something that is notional exists only in theory or as a suggestion or idea, but not in reality.
adjective. being of the nature of a notion or concept. “to improve notional comprehension”. “a notional response to the question”. synonyms: conceptional, ideational. abstract. existing only in the mind; separated from embodiment. adjective. not based on fact or investigation.
Jun 2, 2024 · notional (comparative more notional, superlative most notional) Of, containing, or being a notion; mental or imaginary. Near-synonyms: conceptual, fancied, fanciful, ideal
Definition of notional adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
notional. From Longman Dictionary of Contemporary English no‧tion‧al /ˈnəʊʃənəl $ ˈnoʊ-/ adjective [ usually before noun] existing only as an idea or plan, and not existing in reality Their calculations were based on a notional minimum wage.
