Business and Personal Finance Dictionary

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• SWAP SALE - Also called a swap assignment, a transaction that ends one counterparty's role in an intere...
  
  
• SWAP TRANSACTION - Sale of one currency against another currency at a specific maturity and the simulta...
  
  
• SWAPLET - A Swap (q.v.) that has a single payment.
  
  
• SWAPS - The sale of one security to purchase another with similar features.
  
  
• SWAPTION - Options on interest rate swaps. The buyer of a swaption has the right to enter into an inter...
  
  
• SWARCH - Is Switching Regime Autoregressive Conditional Heteroskedasticity (ARCH).
  
  
• SWEAT EQUITY - the investment of labor, in lieu of cash, by the owner-occupant of a property. Such labo...
  
  
• SWEEP - an arrangement to maximize the interest earned by a customer who has both a high-interest rate ...
  
  
• SWEEP ACCOUNT - A deposit account, usually at a bank, that periodically removes a portion of the custom...
  
  
• SWEEPING ACCOUNTS - when an entity zeros out a monetary asset account (takes the money) that does not m...