Collins is adding new words this month, including fingerling, net zero, and emotional support animal, as well as nine new words to the Collins Online Dictionary, including three types of blot tests and words related to electric vehicles.
What is notional basis?
The notional amount (also known as the notional principal amount or notional value) on a financial instrument is the nominal or face amount that is used to calculate payments on that instrument and does not change over time.
What are notional words?
As the names suggest, notional words have specific terminal meanings and serve as sentence members, such as subjects, attributes, and adverbials, whereas form words serve structural roles, such as showing the relationship between words or other parts of the sentence, or assisting in the construction of various tenses, voices, and moods, among other things.
What is notional creativity?
fanciful, creative, originative – having the ability or power to create; “a fanciful mind”; “all the notional vagaries of childhood” fanciful, creative, originative – indulging in or influenced by fancy; “a fanciful mind”; “all the notional vagaries of childhood”
What is notional sentence?
4. being of the nature of a notion or concept. 1. Their calculations were based on a notional minimum wage, whereas my calculations are based on notional figures because the actual figures are not yet available.
What mean by notional?
3: prone to foolish or fanciful moods or ideas. 1: theoretical, speculative. 2: existing only in the mind: imaginary.
What is notional fixation of pay?
The pay is actually fixed in a higher pay scale from the date of such notional fixation; increments in the higher pay scales are also allowed, but no arrears are payable; as a result, the pension of all the pensioners who retired during 1.1.
How do you use notional in a sentence?
In a Sentence, Notional
- The project’s notional cost is around $60,000, but we won’t know for sure until it’s completed.
- The scientists had a notional nuclear power plan, but it wasn’t realistic and couldn’t be implemented.
What is notional area?
The part of a lot not zoned Environmental Protection and not designated on the map as a Protected Area u2014Environmental Constraint Area is referred to as a notional development area.
What is the difference between notional and nominal?
The difference between nominal and notional in finance|lang=en terms is that notional is (finance) (used to indicate an estimate or a reference amount), whereas nominal is (finance) (used to indicate a rate of interest or return without compounding or inflation adjustment).
What is notional price?
The notional value of a security is the total amount of the underlying asset at its spot price, which distinguishes between the amount of money invested and the amount of money associated with the entire transaction. It is calculated by multiplying the units in one contract by the spot price.
What is notional schedule?
Interest rate swaps are based on a notional amount of money, which can change over time but only at payment period boundaries. In most cases, the notional amount is not exchanged; only the net difference is exchanged.
What is notional date?
Notional Date means the date on which the A Shares in question will become redeemable in terms of paragraph 3.7 if there are still Notional Outstandings attached to those A Shares on that date, as determined by the Board for each issue of A Shares; Sample 1. Save. Copy.
What you mean by notional profit?
Notional profit is a type of earnings estimate that is commonly used in the construction industry to smooth out fluctuations in reported revenue caused by contracts that take a long time to complete.
What is notional benefit?
notional consequential benefits, i.e., the petitioners will be given the benefit of seniority and pay fixation from the date of reappointment, as a result of fixation of their pay notionally while counting.
What is notional principal amount?
The notional principal amount, which is equal to the face value of a bond in bonds, is the theoretical amount that each party pays interest to the other at specified intervals.