no·​tion·​al | \ ˈnō-shnəl How to pronounce notional (audio) , -shə-nᵊl \

Definition of notional

2 : existing in the mind only : imaginary
3 : given to foolish or fanciful moods or ideas
4a : 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) : of or representing what exists or occurs in the world of things as distinguished from syntactic categories

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Other Words from notional

notionality \ ˌnō-​shə-​ˈna-​lə-​tē How to pronounce notional (audio) \ noun
notionally \ ˈnō-​shnə-​lē How to pronounce notional (audio) , -​shə-​nᵊl-​ē \ adverb

Examples of notional in a Sentence

The notional earnings of the company were close to the actual ones. she has a notional understanding of romantic love but no actual experience of being in love
Recent Examples on the Web The commissions are calculated as a percentage of the notional dollar volume of bonds traded, which implies that higher bond trading volumes will generate higher revenues for the company. Trefis Team, Forbes, "MarketAxess Stock Has Growth Potential In The Short-Term," 12 May 2021 This notional dinner party that exists in all magazine editors’ heads is rare. Helen Rosner, The New Yorker, "Nigella Lawson Wants to Talk to People," 14 Apr. 2021 In early March, the Swiss bank froze redemptions and liquidated several supply chain finance funds totaling $10 billion in notional value. Christiaan Hetzner, Fortune, "Credit Suisse recovers some assets linked to Greensill, but fate of $4.6 billion remains uncertain," 13 Apr. 2021 Coinbase generates more revenue per-trade than the major US stock exchanges do, even as those markets handle 60- to 100-times more notional (dollar amount) trading than the crypto platform does. John Detrixhe, Quartz, "Coinbase’s CEO got paid three times Goldman’s CEO in 2020—and other pre-IPO surprises," 12 Apr. 2021 Torque distribution—though only notional in this regime—ranges from 100:0 to 20:80, front to rear. Dan Neil, WSJ, "2021 Toyota Sienna: A Rare Hybrid Minivan Even a Teen Can Love," 9 Apr. 2021 Only about a third of the notional $10 billion has been recovered so far, and the bank expects to update affected clients of the likely hit in coming days. Christiaan Hetzner, Fortune, "Archegos collapse plunges Credit Suisse back into crisis," 6 Apr. 2021 Since most swaps are executed on large notional amounts between $10 million and $100 million, this could put the [the bank or broker that holds the stock] at risk of a hedge fund’s default if the fund is not sufficiently capitalized. Andrew Stuttaford, National Review, "Leverage, Leverage, Leverage," 31 Mar. 2021 Ground testing typically involves watching and testing for reliability, checking for unusual vibrations, and carrying notional payloads while the aircraft is static or moving under its own power. Kyle Mizokami, Popular Mechanics, "Skunk Works Is About to Test a Secret New Aircraft Called 'Speed Racer'," 18 Feb. 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'notional.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of notional

1597, in the meaning defined at sense 1

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Time Traveler for notional

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The first known use of notional was in 1597

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Last Updated

15 May 2021

Cite this Entry

“Notional.” Dictionary, Merriam-Webster, Accessed 16 May. 2021.

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English Language Learners Definition of notional

: existing as an idea rather than as something real

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