Notional

Business, Legal & Accounting Glossary

Definition: Notional


Notional


Full Definition of Notional


Notional value or notional principal amount is the underlying face value that is used to calculate payments due.


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Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/notional/
Modern Language Association (MLA):
Notional. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/notional/.
Chicago Manual of Style (CMS):
Notional. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/notional/ (accessed: April 20, 2024).
American Psychological Association (APA):
Notional. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/notional/

Definition Sources


Definitions for Notional are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th August, 2021 | 0 Views.