Index Amortizing Swap
A swap whereby the notional principal amount of the agreement is amortized according to the movement of an underlying rate.

Also known as "indexed principal swap."

Investopedia Says:
Index amortizing swaps could be based on LIBOR or mortgage interest rates.

Related Terms:
Index Amortizing Note -IAN
Interest Rate Swap
LIBOR
Notional Principal Amount
Swap

• Negative Goodwill
• Negative Income Tax
• Negatively Amortizing Loan
• Negative Obligation
• Negative Pledge Clause
• Negative Points
• Negative Volume Index (NVI)
• Negative Volume Index (NVI)
• Neglected Firm Effect
• Negotiable
• Negotiable Certificate Of Deposit (NCD)
• Negotiable Certificate Of Deposit (NCD)
• Negotiable Order of Withdrawal (NOW) Account
• Negotiable Order of Withdrawal (NOW) Account
• Negotiated Market
• Negotiated Sale
• Negotiated Underwriting
• Neoclassical Economics
• Nervous Nellie
• Nest Egg
• Net Advantage To Leasing (NAL)
• Net Advantage To Leasing (NAL)
• Net Asset Value (NAV)
• Net Asset Value (NAV)
• Net Asset Value Per Share (NAVPS)