What do you understand by
Notional value in house property
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Notional value, also referred to as notional amount is a stock-trading term often used in the context of valuing the underlying assets during a derivatives trade. It could be the total value of a given position, the amount of value controlled by a position or an agreed-upon, predetermined, amount in a contract. Typically, the term notional value is used to describe derivative contracts in futures and options and currency markets.
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