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.
The notional amount 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 referred to as notional.
The numerical value of notional amount in Chaldean Numerology is: 6
The numerical value of notional amount in Pythagorean Numerology is: 4
Images & Illustrations of notional amount
Translations for notional amount
From our Multilingual Translation Dictionary
- काल्पनिक राHindi
Get even more translations for notional amount »
Find a translation for the notional amount definition in other languages:
Select another language:
Discuss these notional amount definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"notional amount." Definitions.net. STANDS4 LLC, 2017. Web. 13 Dec. 2017. <http://www.definitions.net/definition/notional amount>.