Whats wrong with this picture?

People will call it a notch if they don't know the purpose . It is called a lock because it locks the bearing and prevents it from spinning in the bore. A notch is cut into a surface the bearing lock is stamped in.

The notch would be in the bearing bore to accept the lock that is stamped in the bearing.

Just an FYI
It is actually called a "TANG". It only locates the bearing, and has nothing to do with preventing rotation. The "crush" of the bearing in the housing bore prevents rotation.