notional value
1Notional Value — The total value of a leveraged position s assets. This term is commonly used in the options, futures and currency markets because a very small amount of invested money can control a large position (and have a large consequence for the trader).… …
2notional value — The underlying value ( face value), normally expressed in U.S. dollars, of the financial instrument or commodity specified in a futures or options on futures contract. Chicago Mercantile Exchange Glossary …
3notional — 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… …
4Notional 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… …
5notional — [[t]no͟ʊʃən(ə)l[/t]] ADJ Something that is notional exists only in theory or as a suggestion or idea, but not in reality. [FORMAL] ...the notional value of state assets. Syn: theoretical Derived words: notionally ADV ADV with cl/group, ADV with v …
6notional income — noun Financial benefits, eg the use of a company car, that have a calculable cash value for taxation purposes • • • Main Entry: ↑notion …
7notional 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… …
8Notional 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 …
9notional 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 …
10nominal value — The face value of a bond or a share ( shares) (which will not usually be the same as its price). Also known as par value. For a bond or redeemable share, it will usually indicate the value at which the bond or share will be redeemed by the issuer …
