notional


Also found in: Thesaurus, Legal, Wikipedia.
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.

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

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.
5.
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:
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"
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"
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"
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"
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)

notional

adjective
Translations
kuvailevakuvitteellinenviite

notional

[ˈnəʊʃənl] ADJ
1. (Fin) [value, profit, amount, capital, income] → hipotético, teórico
2. (= hypothetical) it is purely notionales pura hipótesis or teoría or especulación
3. (Ling) [word] → nocional

notional

adj
(= hypothetical)fiktiv, angenommen; (= nominal) paymentnominell, symbolisch
(esp US) → versponnen, verträumt
(Philos) → spekulativ

notional

[ˈnəʊʃənl] adj (figure, amount, price) → simbolico/a
References in classic literature ?
said Remarkable, “I’m glad if the Judge is pleased; but I’m notional that you’ll find the sa’ce over done.
133,258,000 class 1A-I1 exchangeable notional notes 'BBsf'; Outlook Stable;
TriOptima, an award-winning post trade infrastructure provider, announces today that market participants have eliminated more than $750 trillion in notional principal outstanding using triReduce, its risk-constrained, multilateral compression service for OTC derivatives, established in 2003.
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.
In addition, the amended credit facilities provide USD250m in three existing term loans maturing in June 2020 and bearing interest at 175 basis points over LIBOR, with a notional amount of USD130m being fixed at 3.
Credit Suisse Gold FLOWS 103 Index) and the Credit Suisse Silver FLOWS 106 Index said with the June expiration, it has concluded the notional sale of options on GLD shares and SLV shares
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.
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.
Instead, his company and others that operate in multiple currencies can set up a notional multicurrency cash pool, which allows the treasury to hedge both payables and receivables without ever having to enter into an FX contract.
For example, as of December 2010, the notional amount outstanding (the gross nominal value of all deals) in the entire OTC market, excluding commodity contracts, was $598 trillion, nearly nine times the amount outstanding in the exchange-traded market (S68 trillion).
According to the analysis, the level of cleared interest rate swaps exceeded 50 per cent of interest rate swap notional outstanding at the end of 2010, up from 21 per cent at year-end 2007.
In addition, use of derivative products has soared; the notional amount of interest rate swaps and options has tripled in the past four years to nearly $300 trillion.