What does notional amount mean?
Definitions for notional amount
no·tional amount
This dictionary definitions page includes all the possible meanings, example usage and translations of the word notional amount.
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Wiktionary
notional amountnoun
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.
Wikipedia
Notional 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 and is thus referred to as notional.
Wikidata
Notional amount
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.
Numerology
Chaldean Numerology
The numerical value of notional amount in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of notional amount in Pythagorean Numerology is: 4
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"notional amount." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/notional+amount>.
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