See Also: FINANCE(finance)
finance(1)(dictionary)
finance(2)(dictionary)
Finance(money)
finance(encyclopedia)
BMW Finance N.V.(finance)
Structured finance(money)
Structured finance(finance)
Principal Finance(money)
Corporate finance(finance)

Swap (finance)


An arrangement in which two entities lend to each other on different terms, e.g., in different currencies, and-or at different interest rates, fixed or floating.