Notional amount: Difference between revisions
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imported>Doug Williamson (Update.) |
imported>Doug Williamson (Add alternative names. Source: The Treasurer, December 2019, p11.) |
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The principal amount (for example in an interest rate swap, forward rate agreement, cap or floor) or each of the amounts (in a cross currency interest rate swap) to which interest rates are applied in order to calculate periodic payment obligations. | The principal amount (for example in an interest rate swap, forward rate agreement, cap or floor) or each of the amounts (in a cross currency interest rate swap) to which interest rates are applied in order to calculate periodic payment obligations. | ||
Also known as notional principal or notional value. | |||
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* [[Cap]] | * [[Cap]] | ||
* [[Currency swap]] | * [[Currency swap]] | ||
* [[Derivative]] | |||
* [[Floor]] | * [[Floor]] | ||
* [[Forward rate agreement]] | * [[Forward rate agreement]] | ||
* [[Interest rate swap]] | * [[Interest rate swap]] | ||
* [[Nominal]] | * [[Nominal]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] | |||
Revision as of 07:54, 14 December 2019
The principal amount (for example in an interest rate swap, forward rate agreement, cap or floor) or each of the amounts (in a cross currency interest rate swap) to which interest rates are applied in order to calculate periodic payment obligations.
Also known as notional principal or notional value.
