Swap

Resource type: Glossary item

Status: Maintained

Jurisdiction: International

A derivative (www.practicallaw.com/A34853) contract between two parties to exchange a series of cash flows for a stated period of time. Examples of swaps are the interest rate swap (www.practicallaw.com/A35440) and the currency swap (www.practicallaw.com/A34787).

For an overview on swaps, see Practice note, Derivatives: overview: Swap (www.practicallaw.com/8-385-8330).

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  • Resource ID: 9-107-7353
  • Products:  IP&IT, PLC Glossary, PLC Magazine (UK), PLC UK Commercial, PLC UK Construction, PLC UK Corporate, PLC UK Dispute Resolution, PLC UK Employment, PLC UK Environment, PLC UK Finance, PLC UK Law Department, PLC UK Pensions, PLC UK Property, PLC UK Share Schemes & Incentives
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