Nominal value
From ACT Wiki
1.
Par value.
2.
A financial amount or value used as an input for the calculation for another financial amount.
For example, the principal value of a bond used for the calculation of fixed interest coupons.
1.
Par value.
2.
A financial amount or value used as an input for the calculation for another financial amount.
For example, the principal value of a bond used for the calculation of fixed interest coupons.