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    notional
    /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.

    More definitions, origin and scrabble points

  2. Notional means existing only as an idea, not as something real, or as an approximate amount. Learn how to use this word in different contexts, such as business, grammar, and abstract ideas, with synonyms and translations.

  3. Notional means theoretical, imaginary, or conceptual. Learn the synonyms, examples, and word history of notional from the Merriam-Webster dictionary.

  4. May 15, 2024 · Notional value is the total value of the underlying asset in a contract, such as a derivative, swap, option or currency trade. Learn how to calculate notional value, leverage, hedge ratio and how it applies to different types of financial instruments.

  5. Notional means existing only as an idea, not as something real, or as an approximate amount. Learn how to use this word in different contexts, such as business, with synonyms and examples from the Cambridge Dictionary.

  6. 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.

  7. Notional means existing only in theory or as a suggestion or idea, not in reality. It can also refer to the meaning of a word or the nature of a concept. See synonyms, pronunciation, grammar and usage examples.

  8. 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.