notional amount
1notional amount — USA The amount on which the payments of the parties to a derivatives contract are based, usually used in the context of swaps, such as currency swaps and interest rate swaps. The amount is notional because there is no actual exchange of principal …
2Notional amount — The notional amount (or notional principal amount or notional value) on a financial instrument is the nominal or face amount that is used to calculate payments made on that instrument. This amount generally does not change hands and is thus… …
3notional amount — The principal amount or face value of a derivative. Defined by the Financial Accounting Standards Board ( FASB) in FAS 133 as the number of currency units, shares, bushels, pounds or other units specified in a derivatives contract. The notional… …
4notional amount — noun A nominal amount of a financial instrument that is used to calculate payments made on that instrument, especially for instruments that do not have a well defined face value or par value …
5Notional Amount — (номинальный размер) сумма, которая используется при расчете процентных платежей по обязательствам, у которых нет основной суммы долга или сумма для расчета размера процентных платежей отличается от основной суммы долга …
6notional — no‧tion‧al [ˈnəʊʆnəl ǁ ˈnoʊ ] adjective a notional amount, price, rent etc is not real but is guessed at or used as an example: • an amount which had been based on the notional values of the homes which they occupied * * * notional UK US… …
7Notional principal contract — The term notional principal contract (NPC) is a term of art used by U.S. federal income tax professionals for contracts based on an underlying notional amount (other financial services professionals refer to such NPCs under the more general… …
8notional principal — See notional amount. American Banker Glossary * * * The hypothetical amount on which interest payments are based in products such as interest rate swaps, forward rate agreements, caps and floors. ► See also Cap, FRA, Floor, Swap …
9notional principal balance — See notional amount …
10Notional Principal Amount — In an interest rate swap, the predetermined dollar amount on which the exchanged interest payments are based. Each period s rates are multiplied by the notional principal amount to determine the value of each counterparty s payment …
