notional

adjective
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 notionality (audio) \ noun
notionally \ ˈnō-​shnə-​lē How to pronounce notionally (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 staggering volume of Warhol’s output and cannily preserved residua confounds any notional scheme of valuation. Gary Indiana, Harper's Magazine, "Always Leave Them Wanting Less," 25 May 2020 David Norris of TwentyFour Asset Management points out that $3.2 trillion in notional outstanding bonds is rated between BBB+ and BBB–, the three lowest investment-grade notches. Geoffrey Smith, Fortune, "Chasing returns: Why ‘inside the tent’ assets like corporate debt may be poised to outperform," 8 Apr. 2020 However, when these assets are valued at prevailing market prices, these surpluses are notional, with gains being realised only when the assets concerned are actually sold. Cp Chandrasekhar, Quartz India, "India’s central bank may not have any golden eggs for the Modi government this budget," 30 Jan. 2020 The cumulative notional value of CME SOFR swaps traded through December 2019 was $44.4 billion. Julia-ambra Verlaine, WSJ, "Banks Build New Tools to Shift Short-Term Borrowing," 26 Jan. 2020 In the world of cryptocurrency, the past year or so has seen deepening divisions between two notional groups. David Z. Morris, Fortune, "In Cryptocurrency, It’s Bitcoiners vs. Everyone Else," 8 Jan. 2020 By taking an average of the highest minimum wages in each province, Jing Wang of York University in Canada has calculated a notional national minimum wage. The Economist, "Keeping caps out of hands China once stressed the importance of setting minimum wages," 18 Dec. 2019 There’s no guarantee that all corporate deposits above this notional value will get the same treatment. Washington Post, "China’s Banking Cleanup Needs a Bigger Mop," 28 May 2019 After the Soviet Union collapsed in 1991, the notional boundaries became firm borders. The Economist, "Convoluted borders are hampering Central Asian integration," 31 Oct. 2019

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

Time Traveler

The first known use of notional was in 1597

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Last Updated

30 May 2020

Cite this Entry

“Notional.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/notional. Accessed 5 Jun. 2020.

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More Definitions for notional

notional

adjective
How to pronounce notional (audio)

English Language Learners Definition of notional

: existing as an idea rather than as something real

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