In an Interest Rate Swap, the Principal Amount Is Called

question 10

True/False

In an interest rate swap, the principal amount is called notional principal because it is used only to calculate interest payments and is not exchanged.

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Definitions:

Osteocytes

Mature bone cells that maintain the bone matrix and communicate with other bone cells.

maintain bone

The process involving a balance of bone formation and bone resorption, necessary for healthy bone density and strength.

Macrophages

Immune cells that engulf and digest cellular debris, foreign substances, microbes, and cancer cells.

Phagocytosis

Phagocytosis is a cell's process of engulfing and digesting solid particles, such as bacteria, as a defense mechanism or for nutrient acquisition.