Usually means: Total value underlying a derivative.
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We found 5 dictionaries that define the word notional amount:

General (2 matching dictionaries)
  1. notional amount: Wiktionary
  2. Notional amount: Wikipedia, the Free Encyclopedia

Business (3 matching dictionaries)
  1. Derivatives (No longer online)
  2. Notional amount: Financial dictionary
  3. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (notional amount)

noun:  (finance) A nominal amount of a financial instrument that is used to calculate payments made on that instrument, especially for instruments that do not have a well-defined face value or par value.

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