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- Dictionaryno·tion·al/ˈnōSHən(ə)l/
adjective
- 1. existing only in theory or as a suggestion or idea: "notional budgets for hospital and community health services"
- 2. denoting or relating to an approach to grammar that is dependent on the definition of terminology (e.g., “a verb is an action word”) as opposed to identification of structures and processes.
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1. : theoretical, speculative. 2. : existing in the mind only : imaginary. 3. : given to foolish or fanciful moods or ideas. 4. a. : of, relating to, or being a notion or idea : conceptual. b (1) : presenting an idea of a thing, action, or quality. has is notional in he has luck, relational in he has gone. (2)
Nov 7, 2023 · Notional value is the total value controlled by a position or obligation; e.g. how much value is represented by a derivatives contract. Market value is the price of a security set...
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.
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.
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.
4 meanings: 1. relating to, expressing, or consisting of notions or ideas 2. not evident in reality; hypothetical or imaginary.... Click for more definitions.
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. relating to the meaning expressed by a linguistic form. having full lexical meaning, in contrast to relational.
Definition of notional adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
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...
adj. 1. relating to, expressing, or consisting of notions or ideas. 2. not evident in reality; hypothetical or imaginary: a notional tax credit. 3. characteristic of a notion or concept, esp in being speculative or imaginary; abstract. 4. (Linguistics) grammar. a. (of a word) having lexical meaning. b. another word for semantic. ˈnotionally adv.
