notional principal amount definition - Dictionary

Dictionary

	notebook

	notecase

	noted

	notelet

	notepad

	notepaper

	notes payable

	notes receivable

	notes to the accounts

	notes to the financial statements

	noteworthy

	nothing

	nothingness

	notice

	notice day

	notice of sale

	noticeable

no·tion·al prin·ci·pal a·mount (plural no·tion·al prin·ci·pal a·mounts)

noun

Definition:

principal that rate swap uses: the predetermined principal on which the exchanged interest payments are based in an interest rate swap