Term:
Nominal holding gain (by non-residents)
Definition:
The nominal holding gain (by non-residents) is that value accruing to the non-resident creditors and debtors as a result of a change in their assets’/liabilities’ monetary value, during the time that they are held, from the beginning to the end of the accounting period; the change in the monetary value of the asset may reflect a change in its price (in national currency) and/or a change in the relevant exchange rate.
Domain:
Economics & National Accounts
Source:
SNA 14.144