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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 from the Cambridge Business English Dictionary © Cambridge University Press)
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