Glossary entry (derived from question below)
English term or phrase:
notional
English answer:
nominal amount / face value
Added to glossary by
Zamira B.
Jun 13, 2007 13:29
16 yrs ago
29 viewers *
English term
notional
English
Bus/Financial
Investment / Securities
reverse convertibles
Settlement mode:
If the underlying never reaches nor breaches the barrier between the issue date and the final fixing date, the *notional* will be paid back for each (name of reverse convertible) independently of the underlying price at maturity. In addition, the coupon is paid out at maturity.
If the underlying never reaches nor breaches the barrier between the issue date and the final fixing date, the *notional* will be paid back for each (name of reverse convertible) independently of the underlying price at maturity. In addition, the coupon is paid out at maturity.
Responses
1 hr
Ralf Lemster
Germany
Germany
Specializes in field
Germany
The language of financial markets
Native in: German
Works in: English to German, German, German to English, and 1 more.
Related KudoZ points
:
64
Selected
nominal amount / face value
A reverse convertible is usually structured as a combination of a normal fixed-income security and a sold put option; in the case at hand, apparently using a barrier option.
If the barrier is not triggered, the bonds nominal amount will be repaid.
If the barrier is not triggered, the bonds nominal amount will be repaid.
4 KudoZ points awarded for this answer.
Comment: "Thank you, Ralf."
6 mins
Monika Silea
Romania
Romania
Romania
I'll do my best only for you!
Native in: Romanian 
Works in: English to Romanian, Romanian to English
theoretical amount
http://canada.gc.ca/cgi-bin/termium.pl?lang=e&stt=&op=&kl=&t...
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Note added at 7 mins (2007-06-13 13:36:27 GMT)
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also: http://www.businessdictionary.com/definition/notional-princi...
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Note added at 7 mins (2007-06-13 13:36:27 GMT)
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also: http://www.businessdictionary.com/definition/notional-princi...
Reference:
http://canada.gc.ca/cgi-bin/termium.pl?lang=e&stt=&op=&kl=&terms=notional&translate=Translate
16 mins
Pay deemed to have been earned
http://www.eurofound.europa.eu/emire/BELGIUM/NOTIONALPAY-BE....
NOTIONAL PAY
Pay deemed to have been earned during a period in which no work was performed but which is counted as a period of employment. The concept of notional pay is used, for example, in calculating contributions or benefits.
NOTIONAL PAY
Pay deemed to have been earned during a period in which no work was performed but which is counted as a period of employment. The concept of notional pay is used, for example, in calculating contributions or benefits.
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