Question: Is Fictitious A Real Word?

What is the spelling of fictional?

fictional, adjectivefictionally, adverbfictioneer or fictionist, noun..

Is Goodwill real or fictitious?

(i) Goodwill is an intangible asset and not a fictitious asset.

What is the fictitious payee rule?

Fictitious payee rule is a principle of commercial law that if a drawer or maker issues commercial paper to a payee whom the drawer or maker does not actually intend to have any interest in the instrument, an ensuing forgery of the payee’s name will be effective to pass good title to later transferees.

What is a fictitious person?

Legal Definition of fictitious person : a supposed but in fact nonexistent person referred to in some legal documents or proceedings also : fictitious payee.

How do you use fictitious in a sentence?

Fictitious sentence examplesHe declared the whole legend was fictitious. … But he is sometimes guilty of inserting rhetorical speeches which are not only fictitious, but also misleading as an account of the speaker’s sentiments.More items…

Sum total of an individual’s legal advantages and disadvantages. Defined as the lawful characteristics and qualities of an entity. An example of these are a person’s age or asset ownership. From this, an entity’s legal capacity and status in the jurisdiction or society’s legal order.

What is a fictional account?

A fiction is a deliberately fabricated account of something. It can also be a literary work based on imagination rather than on fact, like a novel or short story. The Latin word fictus means “to form,” which seems like a good source for the English word fiction, since fiction is formed in the imagination.

What is the root word of fictitious?

Did You Know? Fictitious is related to the Latin word ficticius, meaning “artificial” or “feigned.” It was first used in English as an antonym for “natural.” For instance, a fake diamond would be referred to as a fictitious one. This use indicates the word’s deeper Latin roots.

What is the difference between fictional and fictitious?

Put that all together, and try on this distinction: “Fictional” means coming from a made-up story or narrative, “fictitious” is a made-up thing or feeling. In most cases, “fictitious” is the better adjective than “fictional,” which takes a perfectly good noun and makes it into a weak adjective.

Is fictitious an asset?

Fictitious assets are the assets which has no tangible existence, but are represented as actual cash expenditure. … In other words, fictitious means fake or not real, these are not assets at all but they show in financial statements.

Is gold a fictitious asset?

Stocks, bonds, mutual funds, bank deposits, investment accounts, and good old cash are all examples of financial assets. … In contrast, a real asset has a tangible form, and its value derives from its physical qualities. It can be a natural substance, like gold or oil, or a man-made one, like machinery or buildings.

What is a fictional statement?

Fiction generally is a narrative form, in any medium, consisting of people, events, or places that are imaginary—in other words, not based strictly on history or fact. In its most narrow usage, fiction refers to written narratives in prose and often specifically novels, though also novellas and short stories.

What is the meaning of fictitious assets?

Fictitious asset is not a real asset but deferred expenses that are shown in assets in the balance sheet. … Expenses or losses that are not written off during the accounting period of occurrence because they give long-term benefit over a period of time are categorized as fictitious assets.

What is non fictitious?

Adjective. Actually being or existing. real. actual.

What does fictious mean?

archaic. : given to fiction : fictitious.