notional

Related to notional: Notional amount, Notional Principal

no·tion·al

(nō′shə-nəl)

adj.

1. Of, containing, or being a notion; mental or imaginary.

2. Speculative or theoretical.

3. Linguistics Understood in terms of semantic content rather than grammatical structure. The word did is notional in We did the work and relational in We did not agree.

4. Economics Of or relating to the underlying asset or principal of a financial derivative such as a swap contract.

no′tion·al·ly adv.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

notional

(ˈnəʊʃənəl)

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

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

no•tion•al

(ˈnoʊ ʃə nl)

adj.

1. pertaining to, expressing, or of the nature of a notion or idea.

2. abstract, theoretical, or speculative.

3. not real; imaginary.

4. given to or full of foolish or fanciful ideas or moods.

a. pertaining to or based on the meaning expressed by a linguistic item: the notional definition of a noun as “a person, place, or thing.”

b. (of a word) having full lexical rather than just grammatical meaning (contrasted with relational).

[1590–1600]

no′tion•al•ly, adv.

ThesaurusAntonymsRelated WordsSynonymsLegend:

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Adj.	1.	notional - not based on fact; unreal; "the falsehood about some fanciful secret treaties"- F.D.Roosevelt; "a small child's imaginary friends"; "to create a notional world for oneself" imaginary, fanciful unreal - lacking in reality or substance or genuineness; not corresponding to acknowledged facts or criteria; "ghosts and other unreal entities"; "unreal propaganda serving as news"
	2.	notional - not based on fact or investigation; "a notional figure of cost helps in determining production costs"; "speculative knowledge" speculative theoretic, theoretical - concerned primarily with theories or hypotheses rather than practical considerations; "theoretical science"
	3.	notional - indulging in or influenced by fancy; "a fanciful mind"; "all the notional vagaries of childhood" fanciful creative, originative - having the ability or power to create; "a creative imagination"
	4.	notional - being of the nature of a notion or concept; "a plan abstract and conceptional"; "to improve notional comprehension"; "a notional response to the question" conceptional, ideational abstract - existing only in the mind; separated from embodiment; "abstract words like `truth' and `justice'"

notional

adjective hypothetical, ideal, abstract, theoretical, imaginary, speculative, conceptual, unreal, fanciful the notional value of assets
real, actual, genuine, factual, dinkum (Austral & N.Z. informal)

Collins Thesaurus of the English Language – Complete and Unabridged 2nd Edition. 2002 © HarperCollins Publishers 1995, 2002

notional

adjective

Existing only in the imagination:

chimeric, chimerical, conceptual, fanciful, fantastic, fantastical, imaginary, unreal, visionary.

Translations

kuvailevakuvitteellinenviite

notionnel

approssimativo bizzarro immaginario

notional

[ˈnəʊʃənl] ADJ

1. (Fin) [value, profit, amount, capital, income] → hipotético, teórico

2. (= hypothetical) it is purely notional → es pura hipótesis or teoría or especulación

3. (Ling) [word] → nocional

Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

notional

adj

(= hypothetical) → fiktiv, angenommen; (= nominal) payment → nominell, symbolisch

(esp US) → versponnen, verträumt

(Philos) → spekulativ

Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

notional

[ˈnəʊʃən/əl] adj (figure, amount, price) → simbolico/a

References in classic literature ?

â€œLaw!â€ said Remarkable, â€œIâ€™m glad if the Judge is pleased; but Iâ€™m notional that youâ€™ll find the saâ€™ce over done.

View in context

Futures contracts are typically highly "leveraged," meaning that through a relatively small amount of money, you can control a relatively large amount of underlying value (often referred to as "notional" value).

CME Micro E-Mini Equity Index Futures Seen As Retail-Friendly Offering; Bitcoin Futures Update

His firm's strategist estimates that indexer demand will be 16,746,467 shares, or 420.6% of Altice USA's average daily volume for a notional value of $390M.

Russell reconstitution a positive for Altice USA, says JPMorgan

--$199,742,000 class 1A-I1 notional exchangeable notes 'BBsf'; Outlook Stable;

Fitch Rates Connecticut Avenue Securities Trust Series 2018-R07

MMAC reduced its investment in the leveraged bond portfolio through the termination of 15 total return swap agreements that had a total notional amount of USD 102.6 million and sold one multi-family tax-exempt bond and one subordinate certificate interest in a multi-family tax-exempt bond.

MMA Capital Management raises capital for energy lending investment through series of asset sales

To construct a measure of CDS insurance, we use the newly available (since 2008) weekly data on CDS net notional amounts for individual reference entities from the Depository Trust and Clearing Corporation (DTCC).

Credit Insurance, Distress Resolution Costs, and Bond Spreads

* Notional principal contracts typically employ swaps or other reciprocal arrangements that provide for payments at specified intervals by a party to a counterparty calculated by reference to a specified index applied to a notional principal amount, for which the counterparty promises to pay similar amounts.

Hedging market risks: accounting for notional principal contracts

Bank derivative positions are reported on the balance sheet at only a small fraction of their estimated fair values and an even smaller fraction of their maximum notional payouts.

The hidden effects of derivatives on bank balance sheets

A bench of Justice Gyan Sudha Misra and Justice Kurian Joseph has formulated new guidelines on computing the quantum of compensation for children as the amount under the existing statutory scheme was computed after taking the notional income of a child to be mere ` 1,250 per month.

SC relief for kids injured in accidents

To assess the different fuel element designs of the first Magnox reactors a notional fuel element, incorporating the novel features of the different designs, was loaded into a Calder Hall reactor in a number of channels.