Notional is the stipulated principal amount for a swap transaction. There is no transfer of ownership in the principal for a swap; but there is an exchange in the cash flows for the designated coupons.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). notional. Retrieved September 24, 2026, from http://smartdefine.org/notional/definitions/1159394 |
| Chicago | Barry Goldsmith. 2010. "notional" http://smartdefine.org/notional/definitions/1159394 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, notional, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/notional/definitions/1159394>. |
| MLA | Barry Goldsmith. "notional" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/notional/definitions/1159394> |