notional
21notional income — noun Financial benefits, eg the use of a company car, that have a calculable cash value for taxation purposes • • • Main Entry: ↑notion …
22Notional 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… …
23Notional-Functional Syllabus — A notional functional syllabus is more a way of organizing a language learning curriculum than a method or an approach to teaching. In a notional functional syllabus, instruction is organized not in terms of grammatical structure as had often… …
24Notional 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… …
25Notional Christians — The concept of notional Christians seems to have been created by the Barna Group for the purposes of gathering statistics. The define the term as follows: We categorize Notional Christian as those who describe themselves as Christians, but do not …
26notional 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… …
27Notional 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 …
28Notional 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).… …
29notional 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 …
30notional principal balance — See notional amount …
