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notional

/ˈnəʊʃənəl/

Meanings
  • adjective

    Relating to an idea or concept rather than a physical or material thing.


Rhymes
Words rhyming with notional
notion , motion , ocean , devotion
Variants
List of all variants of notional that leads to same result
notional , notionalities , notionality , notionally
Etymology
origin and the way in which meanings have changed throughout history.

From Old French noticioun 'information, knowledge, news' (12c.), from notifier 'make known, announce, proclaim' (see notify).


Trivia
Any details, considerations, events or pieces of information regarding the word
  1. The word notional comes from the Latin word 'notitia', which means 'information' or 'knowledge'.

  2. In mathematics, a notional number is a number that has not yet been assigned a value.


Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to
  1. Concept: Notional belongs to the semantic field of concepts and ideas.


Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Notional is a term used in various fields such as economics, finance, and law. In economics and finance, notional amount refers to the face value or principal amount of a financial instrument. In law, notional damages refer to damages that are calculated based on a hypothetical situation.

How to Memorize "notional"

  1. visualize

    - Imagine an abstract idea or concept as a tangible object. For example, imagine the concept of love as a beautiful rose.

  2. associate

    - Associate notional with words that have similar meanings, such as concept, idea, or theory.

  3. mnemonics

    - Use the mnemonic 'Not I Owe Any Money' to remember the meaning of notional in finance.


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