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    no·tion·al
    [ˈnōSHən(ə)l, ˈnōSHn(ə)l]
    adjective
    notional (adjective)
    1. existing only in theory or as a suggestion or idea:
      "notional budgets for hospital and community health services"
      • existing only in the imagination:
        "Lizzie seemed to vanish into thin air, as if her presence were merely notional"
    2. linguistics
      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.
    3. (in language teaching) denoting or relating to a syllabus that aims to develop communicative competence.
    Origin
    late Middle English (in the Latin sense): from obsolete French, or from medieval Latin notionalis ‘relating to an idea’, from notio(n-) ‘idea’ (see notion).
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    Similar and Opposite Words
    adjective
    1. existing only in theory or as a suggestion or idea:
      conceptual
      abstract
      pure
      not practical
      Opposite:
      practical
      applied

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      What is a notional amount?The notional amount (or notional principal amount or notional value) on a financial instrument is the nominal or face amount that is used to calculate payments made on that instrument. This amount generally does not change and is thus referred to as notional. Contrast a bond with an interest rate swap :

      Notional amount - Wikipedia

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      What does notional mean?Get Word of the Day daily email! The meaning of NOTIONAL is theoretical, speculative. How to use notional in a sentence.

      Notional Definition & Meaning - Merriam-Webster

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      How many meanings does the adjective notional have?There are 11 meanings listed in OED's entry for the adjective notional, four of which are labelled obsolete. See ‘Meaning & use’ for definitions, usage, and quotation evidence. How common is the adjective notional? How is the adjective notional pronounced? Where does the adjective notional come from? notional is a borrowing from Latin.

      notional, adj. meanings, etymology and more | Oxford English Dictionary

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      What is notional value?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 market value or cost of taking the trade.

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    3. 1 : theoretical, speculative 2 : existing in the mind only : imaginary 3 : given to foolish or fanciful moods or ideas

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      notional / (ˈnəʊʃənəl) / adjective relating to, expressing, or consisting of notions or ideas not evident in reality; hypothetical or imaginary: a notional tax credit characteristic of a notion or concept, esp in being speculative or imaginary; abstract

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      adjective /ˈnəʊʃənl/ /ˈnəʊʃənl/ (formal) based on a guess, estimate or theory; not existing in reality My calculation is based on notional figures, since the actual figures are not yet available.

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      NOTIONAL | English meaning - Cambridge Dictionary
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      NOTIONAL definition and meaning | Collins English Dictionary
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      NOTIONAL | English meaning - Cambridge Dictionary

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      NOTIONAL definition and meaning | Collins English …

      Web1 day ago · Notional means existing only in theory or as a suggestion or idea, not in reality. Learn how to use this adjective in different contexts, such as grammar, finance, and semantics, with synonyms and examples.

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      Notional Value vs. Market Value: What's the Difference?

    21. Dictionary
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      NOTIONAL Synonyms: 113 Similar and Opposite Words

    24. Wikipedia
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