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Meaning of notional amount | Babel Free

Noun CEFR B2

Definitions

A nominal amount of a financial instrument that is used to calculate payments made on that instrument, especially for instruments that do not have a well-defined face value or par value.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

notionalist notionality notionalness notionist notionlessness Notions

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