WebFeb 22, 2008 · Basic Salary is :£11,200 , but because of the benefits you will be paying less tax each month hence you will actualy be better off than a normal 11,200 salary in terms of tax. So, the notional salary is the equivalent of the savings over 12 months added onto the basic figure. Hopefully that makes some sense. Webadjective. being of the nature of a notion or concept. “to improve notional comprehension”. “a notional response to the question”. synonyms: conceptional, ideational. abstract. …

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WebApr 6, 2024 · Notional: The notional is the “size” of the cap — the amount of loan it is hedging. Generally, a cap with a larger notional is more expensive than one with a smaller notional. Cap pricing tends to change linearly with notional (i.e., a $100M cap will be roughly twice the cost of a $50M cap). WebNotional hours of learning means the learning time that is conceived it would take an average learner to meet the outcomes defined, and includes concepts such as contact time, time spent in structured learning in the workplace and individual learning; Sample 1 Sample 2 Based on 4 documents call me by your name a novel pdfdrive

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WebFeb 28, 2024 · Notional and nominal mean the same thing when referring to a bond, interest rate swap, credit default swap etc (though you only really hear nominal when referring to bonds). I tend to prefer "notional" for all cases because "nominal" has another, completely separate, meaning in finance and economics. Webas in theoretical. dealing with or expressing a quality or idea she has a notional understanding of romantic love but no actual experience of being in love. WebBritannica Dictionary definition of NOTIONAL : existing as an idea rather than as something real The notional earnings of the company were close to the actual ones. — notionally adverb coche a3