Notional vs Nominal - What's the difference?
notional | nominal |
Of, containing, or being a notion; mental or imaginary.
Speculative, theoretical, not the result of research.
(linguistics) Having descriptive value as opposed to a syntactic category.
(finance) (Used to indicate an estimate or a reference amount)
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Of, resembling, relating to, or consisting of a name or names.
Assigned to or bearing a person's name.
Existing in name only.
* (rfdate)
(philosophy) Of or relating to nominalism.
(senseid) Insignificantly small; trifling.
Of or relating to the presumed or approximate value, rather than the actual value.
(finance) Of, relating to, or being the amount or face value of a sum of money or a stock certificate, for example, and not the purchasing power or market value.
(finance) Of, relating to, or being the rate of interest or return without adjustment for compounding or inflation.
(grammar) Of or relating to a noun or word group that functions as a noun.
(engineering) According to plan or design; normal.
(economics) Without adjustment to remove the effects of inflation; contrasted with real.
* 1991 , Richard J. Gilbert, Regulatory Choices: A Perspective on Developments in Energy Policy ,
* 2001 , Erich A. Helfert, Financial Analysis: Tools and Techniques: A Guide for Managers ,
(statistics, of a variable) Having values whose order is insignificant.
(grammar) A noun or word group that functions as a noun phrase.
(grammar) A part of speech that shares features with nouns and adjectives.
In finance terms the difference between nominal and notional
is that nominal is of, relating to, or being the rate of interest or return without adjustment for compounding or inflation while notional is Used to indicate an estimate or a reference amountAs adjectives the difference between nominal and notional
is that nominal is of, resembling, relating to, or consisting of a name or names while notional is of, containing, or being a notion; mental or imaginary.As a noun nominal
is a noun or word group that functions as a noun phrase.notional
English
Adjective
(en adjective)- This paper proposes a notional Federated Identity Management (FIM) architecture.
Derived terms
* notionality * notionallynominal
English
(wikipedia nominal)Adjective
(-)- a nominal difference
- Nominal attendance on lectures.
- He gave me only a nominal sum for my services.
- The nominal voltage is 1.5 V, but the actual figure is usually higher.
- This sentence contains a nominal phrase.
- We'll just do a nominal flight check.
- Apart from the slightly high temperature, all the readings from the spacecraft are nominal .
- My employer does not understand how low my nominal wage is.
- The nominal GNP of this country is pretty low.
page 267,
- Comparisons of the costs of the Diablo Canyon plant with other nuclear power plants can be misleading because the available cost data are in nominal dollars and therefore include the toll of inflation over the construction periods.
page 467,
- This simple process allows us to convert nominal dollars into inflation-adjusted real dollars.
Antonyms
* (economics) realDerived terms
* denominal * nominalness * nominallyNoun
(en noun)- This sentence contains two nominals .
