notional

notion +‎ -al

• (UK) IPA^(key): /ˈnəʊʃənəl/
• Rhymes: -əʊʃənəl

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.

• notionality
• notionally