https://www.proz.com/kudoz/italian-to-english/finance-general/7180738-nozionale-contrattuale.html

Glossary entry

Italian term or phrase:

nozionale contrattuale

English translation:

contract notional value

Added to glossary by carly kelly
Apr 10 15:52
1 mo 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

Proposed translations

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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...
Peer comment(s):

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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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.
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.

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