swap
In exchange markets, this is a simultaneous sale of a currency on the spot market together with a purchase of the same amount on the Forward Market. By combining these two transactions into a single one,transactions costs may be reduced. An arrangement between central banks whereby they each agree to lend their currency to the other.
Browse by Subjects
forward exchange rate
Circus Swap
dealing desk
Call Swaption
Energy derivatives
See All Related Terms »

Association of Authorised Public Accountants
source
capital appreciation fund
statute
net current liabilities