notional Antonyms

Meaning of notional

Wordnet

notional (s)

not based on fact; existing only in the imagination

not based on fact or investigation

indulging in or influenced by fancy

being of the nature of a notion or concept

Webster

notional (a.)

Consisting of, or conveying, notions or ideas; expressing abstract conceptions.

Existing in idea only; visionary; whimsical.

Given to foolish or visionary expectations; whimsical; fanciful; as, a notional man.

notional Sentence Examples

  1. The notional amount of the bonds was significantly higher than their market value.
  2. The notional value of the contract represented the theoretical amount of the underlying asset.
  3. The notional interest rate on the loan was set at 5%, regardless of the actual market rate.
  4. The notional exchange rate was used to calculate the value of cross-border transactions.
  5. The notional principal of the mortgage was the amount borrowed, excluding any accrued interest.
  6. The notional return on the investment was estimated using hypothetical assumptions.
  7. The notional loss in the catastrophic event was used to determine insurance coverage.
  8. The notional fees were charged for services that were not actually provided.
  9. The notional GDP was calculated based on hypothetical economic growth projections.
  10. The notional profit margin was used to assess the financial health of a company.

FAQs About the word notional

not based on fact; existing only in the imagination, not based on fact or investigation, indulging in or influenced by fancy, being of the nature of a notion or

abstract, conceptual, metaphysical, theoretic,theoretical,mental, spiritual, hypothetical, intellectual, ideal

substantial, concrete, actual, physical, tangible, tangible, actual, substantial, concrete,physical

The notional amount of the bonds was significantly higher than their market value.

The notional value of the contract represented the theoretical amount of the underlying asset.

The notional interest rate on the loan was set at 5%, regardless of the actual market rate.

The notional exchange rate was used to calculate the value of cross-border transactions.