Notional Value

Notional Value

1. In an interest rate swap, see notional principal amount.

2. The total value of the spot price of the underlying asset in a derivative contract.
References in periodicals archive ?
In the first half of 2017, over 237,000 worthless counterfeit banknotes with a notional value of over PS4.
Gross notional value of Completion Certificate (CC) of at least one 100% completed single project works contract (defined at clause 6) during the current FY and preceding five FY of similar nature (defined at clause 7) to the particular work in this e-NIT, for which the bidder intends to participate.
Each SSF has a notional value between $1000 and $10,000 in order to encourage retail participation.
The average daily notional value of FX contracts traded in October was USD75 billion.
The notional value of the trading portfolio is in excess of USD250bn, the sources said.
We'll put some notional value there because I think some notional value should be there.
Under the terms of the salary cap rule amendment, clubs will be entitled to sign one marquee player who will have a notional value on their salary cap register of either PS100,000 if club trained or PS175,000 if non-club trained.
An important issue that is often debated in some quarters of the media is the notional value at which the defunct bank has been handed over to BankIslami.
Bidders are required to make offers for at least USD5bn of the securities' notional value, DSTA said.
On the other hand, 1FRS issuers provide more notional value disclosure for noncredit derivatives, as compared to GAAP.
Under the proposed deals, Grant Thornton (UK) LLP has a contract with a total notional value of pounds 41.
The deal asks creditors to voluntarily write down 50 percent of the notional value of their bond holdings.