| 单词 | swap option |
| 释义 | swap option in British English (swɒp ˈɒpʃən) noun another name for swap (sense 4) swap in British English or swop (swɒp) verbWord forms: swaps, swapping, swapped, swops, swopping or swopped 1. to trade or exchange (something or someone) for another noun 2. an exchange 3. something that is exchanged 4. Also called: swap option, swaption finance a contract in which the parties to it exchange liabilities on outstanding debts, often exchanging fixed-interest-rate for floating-rate debts (debt swap), either as a means of managing debt or in trading (swap trading) Derived forms swapper (ˈswapper) or swopper (ˈswopper) noun Word origin C14 (in the sense: to shake hands on a bargain, strike): probably of imitative origin |
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