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- Dictionaryswap/swɒp/
verb
- 1. take part in an exchange of: "we swapped phone numbers" Similar
noun
- 1. an act of exchanging one thing for another: "let's do a swap"
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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...
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).
: an act, instance, or process of exchanging one thing for another. Synonyms. Verb. change.
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 /
The word swap means you give something in exchange for something else. In the medieval ages, a farmer would swap — or exchange — his cow for his neighbor's horse. First used in the 1590s to mean "exchange, barter, trade," as a noun swap can mean an equal exchange.
Swap definition: to exchange, barter, or trade, as one thing for another. See examples of SWAP used in a sentence.
Definition of swap verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
