notional

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English[edit]

Etymology[edit]

notion +‎ -al

Pronunciation[edit]

Adjective[edit]

notional (comparative more notional, superlative most notional)

  1. Of, containing, or being a notion; mental or imaginary.
  2. Speculative, theoretical, not the result of research.
    This paper proposes a notional Federated Identity Management (FIM) architecture.
  3. (linguistics) Having descriptive value as opposed to a syntactic category.
  4. (finance) Used to indicate an estimate or a reference amount
    • 2009 March 11, “Gold inches up on bargain hunt, ETF hits record”, in Ninemsn:
      Gold traded at $909.00 an ounce, up 0.2 percent from New York's notional close of $906.65 on Wednesday.
    • 2009 March 3, “Harvard Accepts Higher Debt Costs as Bankers Profit”, in Bloomberg:
      Under the agreements, Harvard paid the banks fixed interest rates on a total notional amount of $3.52 billion in exchange for floating-rate payments from them.

Derived terms[edit]

Translations[edit]

Noun[edit]

notional (plural notionals)

  1. A fake company used as a front in espionage.
    • 2012, Joseph C. Goulden, ‎Peter Earnest, The Dictionary of Espionage: Spyspeak Into English (page 157)
      Numerous CIA notionals, created to counter Communist organizations in Western Europe during the Cold War years, remain active and unrevealed.