Skip to main content

SAGE Social Science Thesaurus

Search from vocabulary

Concept information

Preferred term

interest rate swaps  

Definition

  • A swap is an exchange of one asset (or liability) for another in order to change some of the characteristics of the asset being held by an investor. Usually the objective of the investor is to change only a few, even only one, of the characteristics of the asset. [Source: Encyclopedia of Business in Today's World; Interest Rate Swaps]

Broader concept

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-NGTNJP7J-J

Download this concept: