swap

Definition
An exchange of streams of payments over time according to specified terms. The most common type is an interest rate swap, in which one party agrees to pay a fixed interest rate in return for receiving a adjustable rate from another party.




swap is ...
... part of the
Lending & Credit subject.


Related Terms

asset swap -  More
bond swap -  More
liability swap -  More
debt-equity swap, extension swap, swap rate, call swaption, currency swap, effective date, equity swap, fungible, hedge fund, put swaption  and  


swap appears in these other terms

tax swap, basis swap, stock swap


swap appears in the definitions of these other terms on BusinessDictionary.com

Loading...

Featured Sponsor





Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z