the value of a signal element of a uniform multivalue digital signal, with the unit of value being so chosen that adjacent values differ by one unit according to the following rules: a) for all unbalanced signals, the lowest notional value is zero; b) for balanced signals having an even number of permitted discrete values, the notional values are s...
Notional value refers to the total net amount of a derivative transaction, usually an interest rate swap, a forward contract, a cross currency swap or an options contract.