Notional principal amount definitions

Notional principal amount

In an interest rate swap, the predetermined dollar principal on which the exchanged interest payments are based.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosn.htm

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Notional principal amount

In an interest rate swap, the predetermined dollar principal on which the exchanged interest payments are based.
Found on http://www.encyclo.co.uk/local/20047

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Notional Principal Amount

In an interest rate swap, the predetermined dollar principal on which the exchanged interest payment
Found on http://www.encyclo.co.uk/local/22402

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Notional Principal Amount

the proposed amount which interest rate swap payments are based but generally not paid or received by either party.
Found on https://www.encyclo.co.uk/local/21674

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