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- DictionarySwap/swäp/
verb
- 1. take part in an exchange of: "we swapped phone numbers"
noun
- 1. an act of exchanging one thing for another: "let's do a swap"
1. An exchange of one thing for another. 2. A contract in which two parties agree to exchange periodic interest payments, especially when one payment is at a fixed rate and the other varies according to the performance of a reference rate, such as the prime rate. [Middle English swappen, to strike, strike the hands together in closing a bargain .]
2 days ago · A swap is the exchange of one security or investment for another. The buyer of a swaption has the right to enter into an interest rate swap agreement by some specified date in the future. Swap contracts generally do not involve exchanges of principal.
Apr 11, 2024 · What Is a Swap? A swap is a derivative contract through which two parties exchange the cash flows or liabilities from two different financial instruments. Most...
[transitive] (especially British English) to replace one person or thing with another. swap somebody/something (for somebody/something) I think I'll swap this sweater for one in another colour. swap somebody/something (over) I'm going to swap you over. Mike will go first and Jon will go second. Word Origin. Idioms.
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.
to give something to someone and get something from them in return: Would you mind swapping places with me? swap. noun [ C ] We'll do a swap. (Definition of swap from the Cambridge Learner's Dictionary © Cambridge University Press) Translations of swap. in Chinese (Traditional) 交換，交易, 交換（物），交易（物）… See more. in Chinese (Simplified)
