Glossary entry

English term or phrase:

Notional Principal Contract (NPC)

Punjabi translation:

ਅਨੁਮਾਨਿਤ ਮੂਲ ਰਕਮ ਦਾ ਇਕਰਾਰਨਾਮਾ

Added to glossary by Akhil Kumar
Jul 19, 2016 13:22
7 yrs ago
3 viewers *
English term

Notional Principal Contract (NPC)

English to Punjabi Law/Patents Law: Contract(s)
Please suggest a translation for "Notional Principal Contract (NPC)".

Proposed translations

+1
10 mins
English term (edited): notional principal contract
Selected

ਸਿਧਾਂਤਕ ਮੂਲ ਰਕਮ ਦਾ ਇਕਰਾਰਨਾਮਾ

A notional principal contract is a financial instrument that provides for the payment of amounts by one party to another at specified intervals calculated by reference to a specified index upon a notional principal amount in exchange for specified consideration or a promise to pay similar amounts.

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Note added at 12 mins (2016-07-19 13:35:23 GMT)
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Or can be translated as ਅਨੁਮਾਨਿਤ ਮੂਲ ਰਕਮ ਦਾ ਇਕਰਾਰਨਾਮਾ
Peer comment(s):

agree Nitin Goyal
18 hrs
Thanks.
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4 KudoZ points awarded for this answer. Comment: "Thanks."
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