Danika

What Is Notional Value?



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Notional value is the face value of a financial instrument, without taking into account the instrument’s market value. The notional value is used to calculate certain types of financial risks, such as credit risk and exposure to interest rate changes. For example, the notional value of a bond is its face value, while the notional … Read more

What is dation in payment?



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The dation in payment consists of delivering a thing in payment of a debt. For this to occur, as a general rule, it is necessary that the creditor agree to receive the thing in payment. When we speak of dation in payment, we are usually referring to the mortgage market and the cases in which … Read more