Meaning of notional amount | Babel Free
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.
This word is part of the CEFR B2 vocabulary — upper intermediate level.