adjective.alleged, having an intention that is possibly but not obviously true
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
adjective.
appearing as such but not necessarily so
adjective.
represented or appearing as such; pretended
Word Usage
"And none of the hedge fund geniuses think to actually pick up the phone and call the ostensible issuer of the notes just to check and see that the notes are real and Dreier is authorized to peddle them."