total return swap

Definition
A type of swap where one party pays another based on a set rate in return for payments based on the return of a given asset. This asset is often a loan or a bond. This situation is beneficial if a party wants to benefit from an asset, but doesn't want to purchase that asset. Total return swaps are often used by hedge funds.




total return swap is ...
... part of the
Bonds, Mutual Funds and Trading subjects.


Related Terms

credit default swap -  More
interest rate swap -  More
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