interest rate swap

listen to the pronunciation of interest rate swap
Englisch - Englisch
A contract to exchange the benefit of one interest rate with another. Often a fixed interest rate being 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
interest rate swap

    Silbentrennung

    in·ter·est rate swap

    Türkische aussprache

    întrıst reyt swäp

    Aussprache

    /ˈəntrəst ˈrāt ˈswäp/ /ˈɪntrəst ˈreɪt ˈswɑːp/
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