Bernacke noted his earlier designation of Utah as a “sanctuary state” was “notional in nature.”

Source: https://www.sltrib.com/news/2023/10/06/utah-is-not-sanctuary-state-gov/

During the run-ups in 2011 and 2020, the gross notional value exceeded $20B.

Source: https://seekingalpha.com/article/4598434-cftc-cots-report-traders-go-quiet-before-fed-meeting?source=feed_all_articles

However, since an amount of EUR 2,461,865.00 was determined for the total remuneration to be recognised (i.e. the amount of the notional pension provision), the cash remuneration is EUR 179,350.00, which is to be paid by ORBIS SE to GMV AG.

Source: https://www.marketscreener.com/quote/stock/ORBIS-AG-435780/news/RPT-ORBIS-SE-Release-according-to-Article-111c-of-the-AktG-the-German-Stock-Corporation-Act-with-43330724/?utm_medium=RSS&utm_content=20230324

The notional loss, as the word indicates, is only theoretical.

Source: https://www.freepressjournal.in/analysis/it-is-impossible-to-escape-globalisation

When a stock falls, immediately the market capitalisation of the company falls but the investor wealth loss reported by media is mostly notional for many investors.

Source: https://www.thehindubusinessline.com/portfolio/big-story/the-long-story-of-going-short/article66513126.ece