Super Finance Glossary
Over 10,000 financial glossary terms...
Accreting Swap - [Principal]
Accreting Swap - [Principal]
Definition: An interest rate swap in which the notional principal amount increases over time, for example as with a construction loan provided in tranches as each stage of the project is completed.
Definition: An interest rate swap in which the notional principal amount increases over time, for example as with a construction loan provided in tranches as each stage of the project is completed.