Glossary entry (derived from question below)
Italian term or phrase:
nozionale contrattuale
English translation:
contract notional value
Added to glossary by
carly kelly
Apr 10 15:52
2 mos ago
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Italian term
nozionale contrattuale
Italian to English
Bus/Financial
Finance (general)
Registration document
This comes up as one of the headings in a table of bank loans as part of a Prospectus. Other headings include the credit institution, the rate (variable/fixed), and the residual debt. To me it is the principal...but I am not an expert in finance.
Any help appreciated.
Carly
Any help appreciated.
Carly
Proposed translations
(English)
4 +1 | contract notional value | philgoddard |
3 | notional contract principal | Adrian MM. |
Proposed translations
+1
1 hr
Selected
contract notional value
Contract notional value, also known as contract value, is the financial expression of the contract unit and the current futures contract price.
Assume a gold futures contract is trading at price of $1,000. The notional value of the contract is calculated by multiplying the contract unit by the futures price.
http://www.cmegroup.com/education/courses/introduction-to-fu...
Assume a gold futures contract is trading at price of $1,000. The notional value of the contract is calculated by multiplying the contract unit by the futures price.
http://www.cmegroup.com/education/courses/introduction-to-fu...
4 KudoZ points awarded for this answer.
Comment: "thanks to both answerers!"
5 hrs
notional contract principal
There is no indication to me in the context of a table of bank loans, despite the first example sentence and other comments, that this is a swap, futures contract or derivative scenario.
Other than a contract substrate or underyling contract, I agree with the asker's modest 'principal' suggestion.
Other than a contract substrate or underyling contract, I agree with the asker's modest 'principal' suggestion.
Example sentence:
Valore nozionale Valore dell’attività finanziaria a cui si riferisce un contratto derivato.
The term notional principal amount refers to the predetermined dollar amount or principal on which exchanged interest payments are based.
Reference:
http://www.lawinsider.com/dictionary/underlying-contract
http://www.investopedia.com/terms/n/notionalprincipalamount.asp
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