The nominalist and conceptualist schools regard concepts as subjective, i.e., as products of man's consciousness, unrelated to the facts of reality, as mere "names" or notions arbitrarily assigned to arbitrary groupings of concretes on the ground of vague, inexplicable resemblances.
Ayn Rand, 1990. Introduction to Objectivist Epistemology. Second Edition. New York: Meridian.
"notion" from the Latin notus 'known'
...vague notions? ...known reality? ...facts? or just plain 'inexplicable?'
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