HomeDefinitionsCompareDebt Amortizing interest rate swapThe financial definition for Amortizing interest rate swap:Swap in which the principal or notional amount rises (falls) as interest rates rise (decline). Similar MatchesSelf amortizing mortgageSelf amortizing mortgageMortgage whose entire principal is paid off in a specified period of time with regular interest and principal payments. Click to compare definitions of Amortizing interest rate swap Click to view definitions beginning am |