forex swap
A contract to exchange currencies between counterparties for one date and then exchange them back for another date. A forex swap Transaction is typically executed in the over the counter forex market and can be used by international corporations to hedge otherwise offsetting cash flows that do not occur on the same date.
Browse by Subjects
interest rate parity
interest arbitrage
interest rate differential (IRD)
rate level risk
swap dealer
See All Related Terms »

Inland Revenue
direct cost
clearing bank
capitalist
model