interest rate swap en · NOUN
Meanings
- A contract to exchange the benefit of one interest rate with another. Often a fixed interest rate is exchanged for a variable rate so as to allow one party to remove an exposure to a variable rate for which they pay a premium on the fixed rate in order to compensate for this 'insurance'. The two rates can also be based on different currencies.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| IRS | Abbr=Yes | lexicographic | |
| interest rate swaps | Number=Plur | lexicographic |
Relateds
Translations (2)
de Zinsswap (financial contract) · fi koronvaihtosopimus (financial contract)