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English definition of “notional”

notional

adjective     /ˈnəʊʃənəl/
existing only as an idea , or as an approximate amount : Diamonds only retain their notional value through strict control of the market . Almost everyone will have to pay a higher tax bill than the notional amount suggested by the government . They are converting debt into enough shares at a notional 8.6p each to give them 60% of the equity .
(Definition of notional adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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