Amount of substance Amount of substance Amount of substance is a standard-defined quantity that measures the size of an ensemble of particles, such as atoms, molecules, electrons, and other particles. It is sometimes referred to as chemical amount. The International System of Units (SI) defines the amount of substance to be proportional to the number of entities present. The SI unit for amount of substance is the mole. It has the unit symbol mol. The proportionality constant is the inverse of the Avogadro constant. The mole is defined as the amount of substance that contains an equal number of elementary entities as there
Notional amount inverse exchange-traded funds, have the unusual property that their notional changes every day: this is because they pay the compounded daily return, so it is as if one were re-investing each day's earnings at the new daily price: if one has an inverse ETF in an asset that goes down, one has more money, which one uses to short a cheaper asset, hence one's unit notional goes up, and conversely if the asset has gone up in value. See inverse exchange-traded fund for mathematical details. Notional amount The notional amount (or notional principal amount or notional value) on a financial