WebNOTIONAL CASH VALUE means the product of the Participant ’s number of vested Bonus Units multiplied by a fraction, the numerator of which is the Net Gain and the denominator of which is the product of (x) number of Class A Units of the Company owed by SkyTerra on the date of the SkyTerra Acquisition (which for the avoidance of doubt was 95,000 … WebNov 24, 2024 · Notional pooling is a cash concentration system that allows cash to remain under local control, but which is recorded at the bank as though the cash has been …
Notional pooling definition — AccountingTools
Weba : of, relating to, or being a notion or idea : conceptual b (1) : presenting an idea of a thing, action, or quality has is notional in he has luck, relational in he has gone (2) : of or representing what exists or occurs in the world of things as distinguished from syntactic categories notionality ˌnō-shə-ˈna-lə-tē noun notionally WebJan 15, 2024 · Notional value (also known as notional amount or notional principal amount) is the face value on which the calculations of payments on a financial instrument (e.g., swap) are determined. In other words, the notional amount indicates how much money is controlled by a position on a particular financial instrument. highland grow and flow
Notional - definition of notional by The Free Dictionary
WebOct 22, 2024 · Cash pooling is a short-term cash management tool whose objective is to eliminate idle cash and reduce overdrafts among subsidiary operations that have varying … WebNotional vs. Physical Cash Pooling Revisited. 1 International Treasurer / February 2011 n For additional information visit Pooling has enjoyed renewed inter-est over the past few years as the fi nan-cial crisis has raised many fi rms interest in maximizing the availability of internal sources of capital. This very useful cash management strategy, particularly when … WebNotional pooling means companies can minimise their overdraft interest while retaining local autonomy. Bank account balances within a notional pool are offset against one another and interest is paid (or earned) on the net balance. highland grove richmond va