rate swap

English - Turkish

Definition of rate swap in English Turkish dictionary

Related Terms

swap rate

(Ticaret) swap oranı

English - English

Definition of rate swap in English English dictionary

Related Terms

interest rate swap

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

Turkish pronunciation

reyt swäp

Pronunciation

/ˈrāt ˈswäp/ /ˈreɪt ˈswɑːp/