Business and Personal Finance Dictionary

# 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 

• SWAP ASSIGNMENT - Related: Swap sale
  
  
• SWAP BOOK - A swap bank's portfolio of swaps, usually arranged by currency and maturity.
  
  
• SWAP BUY BACK - The sale of an interest rate swap by one counterparty to the other, effectively ending ...
  
  
• SWAP CURVE - The yield curve of interest rate swap rates from 1 week to 30 years. See yield curve.
  
  
• SWAP FUND - See: Exchange fund
  
  
• SWAP OPTION - See: Swaption. Related: Quality option.
  
  
• SWAP PROGRAM - A Freddie Mac program where lower yield mortgages are exchanged for Participation Certif...
  
  
• SWAP RATE - The difference between spot and forward rates expressed in points, e.g., $0.0001 per pound ...
  
  
• SWAP RATIO - An exchange rate of the shares of the companies that would undergo a merger. This is calcu...
  
  
• SWAP REVERSAL - An interest rate swap designed to end a counterparty's role in another interest rate sw...