interest rate swap
A contract to change the cash flows resulting from an investment from fixed rate to floating rate or from floating to fixed without exchanging the principle amount. A currency interest rate swap would involve exchanging the investment cash flows from one currency into another.
Browse by Subjects
Bermuda swaption
plain vanilla swap
absolute rate
International Swaps and Derivatives Association (ISDA)
See All Related Terms »

market economy
gold stock
Foreign Currency Futures And Options