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.
 Cite this definition
Related Terms
asset swap, bond swap, liability swap, debt-equity swap, extension swap, swap rate
'swap
' appears in the definitions of these terms on BusinessDictionary.combond swap, degree day swap, accreting swap, amortizing swap, catastrophe swap, and 
Related Research Articles from the InvestorGuide.com University
Credit Mistakes
Your credit report may have errors on it, and this can hurt your ability to borrow. That's why it's important to check your credit reports periodically and get errors resolved. Here we describe the best procedure to follow to make sure you're protected so that errors don't hurt you. We also list the contact information of the three large credit reporting agencies: Experian, Equifax, and Trans Union.
Credit Card Debt
Many people find themselves wasting money each and every month on high credit card interest rates. This article tells you how to avoid getting into credit card debt, and if you do, the best way to escape it.
Bankruptcy
More than a million Americans declared bankruptcy last year, and that number continues to rise. Learn everything you needed to know about bankruptcy, including the different types: Chapter 7, Chapter 11, and Chapter 13.
Featured Sponsor
|
