Notional amount: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Expand final sentence.)
imported>Doug Williamson
(Add link.)
 
Line 6: Line 6:


== See also ==
== See also ==
* [[AANA]]
* [[Cap]]
* [[Cap]]
* [[Currency swap]]
* [[Currency swap]]

Latest revision as of 22:56, 18 August 2020

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, notional value, or nominal amount, principal or value.


See also