GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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15:52 Apr 10, 2024 |
Italian to English translations [PRO] Bus/Financial - Finance (general) / Registration document | |||||||
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| Selected response from: philgoddard United States | ||||||
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Summary of answers provided | ||||
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4 +1 | contract notional value |
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3 | notional contract principal |
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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... |
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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):
Reference: http://www.lawinsider.com/dictionary/underlying-contract Reference: http://www.investopedia.com/terms/n/notionalprincipalamount.... |
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