nozionale contrattuale

English translation: contract notional value

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:nozionale contrattuale
English translation:contract notional value
Entered by: carly kelly

15:52 Apr 10, 2024
Italian to English translations [PRO]
Bus/Financial - Finance (general) / Registration document
Italian term or phrase: nozionale contrattuale
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
carly kelly
Italy
Local time: 02:20
contract notional value
Explanation:
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...
Selected response from:

philgoddard
United States
Grading comment
thanks to both answerers!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1contract notional value
philgoddard
3notional contract principal
Adrian MM.


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
contract notional value


Explanation:
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...


philgoddard
United States
Specializes in field
Native speaker of: English
PRO pts in category: 301
Grading comment
thanks to both answerers!

Peer comments on this answer (and responses from the answerer)
agree  James (Jim) Davis: Easier example is an interest rate swap where the contract value is the amount of the loan on which the interest rate is swapped.
3 hrs
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5 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
notional contract principal


Explanation:
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.

Example sentence(s):
  • 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
    Reference: http://www.investopedia.com/terms/n/notionalprincipalamount....
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 77
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