Here is a sentence with the word notional, "Most of the ideas the government has are notional and not practical." This means that they only exist in theory.
"Gold traded at $909.00 an ounce, up 0.2 percent from New York's notional close of $906.65 on Wednesday"
Formative cases are used to indicate the various functions of a noun within a sentence, such as subject, object, or possessive. Notional cases, on the other hand, are used to convey the semantic role of the noun, such as agent, patient, or recipient. Essentially, formative cases focus on the grammatical role of the noun, while notional cases focus on the meaning or function of the noun in the context of the sentence.
Notional amount is the amount which is calculated on the underlying asset for ex: s&p index offering contract @ 250 units trading with price of 1000, than its actual notional value is 250*1000 = 250,000. which is notional amount
Notional Profit = Value of work certified-(cost of work to date-cost of work uncertified)
Depreciation is called a notional cost because it cannot be measured in real terms.
Notional promotion does not involve monetary benefit.
Kilt
Direct methodology varies greatly from functional- Notional aproach,What are those differences?
yes, its implied cost.
What is meaning of nosnal
When a small amount of invested monies control or can potentially destroy large amount of assets. It is considered notional net sales.
The Star-Spangled Banner.