How do you use notional in a sentence?

"Gold traded at $909.00 an ounce, up 0.2 percent from New York's notional close of $906.65 on Wednesday"

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.

Direct methodology varies greatly from functional- Notional aproach,What are those differences?

yes, its implied cost.

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.

Workers Compensation act of 1923 is the answer. That was the doctrine of the notional extension and the spirit behind this provision.

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Expected amount of margin made on product.

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