Definition of «notional amount»

The term "notional amount" refers to the hypothetical or symbolic value assigned to a financial agreement, such as a contract or investment. It is not the actual amount of money being exchanged, but rather a reference point used for calculations or comparisons.

Sentences with «notional amount»

Interest rate derivatives account for about $ 35 trillion of Goldman Sachs» $ 43 trillion of notional amount of derivatives contracts. (gfmag.com)
According to the Office of the Comptroller of the Currency (OCC), one of the regulators of national banks, as of June 30 of this year, Goldman Sachs Bank USA had $ 78 billion in deposits, and — wait for it — $ 45.7 trillion in notional amount of derivatives. (wallstreetonparade.com)
The OCC's June 30 report shows Citigroup's holding company with $ 2.2 trillion in credit derivatives and $ 53.6 trillion in total notional amount of derivatives — at a bank holding company with only $ 1.8 trillion in assets. (wallstreetonparade.com)
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