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SWAP definition: 1. to give something and be given something else instead: 2. an exchange, or something that is…. Learn more.
Apr 11, 2024 · A swap is a derivative contract through which two parties exchange the cash flows or liabilities from two different financial instruments. Most swaps involve cash flows based on a notional...
: an act, instance, or process of exchanging one thing for another. Synonyms. Verb. change.
A swap is a derivative contract between two parties that involves the exchange of pre-agreed cash flows of two financial instruments. The cash flows are usually determined using the notional principal amount (a predetermined nominal value).
to give something and be given something else instead: When you've finished reading your book, and I've finished mine, can we swap? We swapped addresses with the people we met on vacation. When he got a job in a bank, he had to swap his jeans and T-shirt for a suit (= he had to wear formal clothes instead of informal ones).
1. swap - an equal exchange; "we had no money so we had to live by barter". barter, swop, trade. interchange, exchange - reciprocal transfer of equivalent sums of money (especially the currencies of different countries); "he earns his living from the interchange of currency".
If you swap something with someone, you give it to them and receive a different thing in exchange. Next week they will swap places. American English : swap / ˈswɒp /
Definition of swap verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
verb. exchange or give (something) in exchange for. synonyms: switch, swop, trade. see more. verb. move (a piece of a program) into memory, in computer science. see more. noun. an equal exchange. synonyms: barter, swop, trade. see more. Pronunciation. US. /swɑp/ UK. /swɒp/ Cite this entry. Style: MLA. "Swap."
to trade or exchange (something or someone) for another. noun. an exchange. something that is exchanged.
