Definitions for SWAPswɒp
This page provides all possible meanings and translations of the word SWAP
barter, swap, swop, trade(verb)
an equal exchange
"we had no money so we had to live by barter"
trade, swap, swop, switch(verb)
exchange or give (something) in exchange for
move (a piece of a program) into memory, in computer science
A roughly equal exchange of two comparable things.
A financial derivative in which two parties agree to exchange one stream of cashflow against another stream.
To strike, hit.
To exchange or give (something) in an exchange (for something else).
Origin: Uncertain, probably from imitative origin.
to strike; -- with off
to exchange (usually two things of the same kind); to swop
to fall or descend; to rush hastily or violently
to beat the air, or ply the wings, with a sweeping motion or noise; to flap
a blow; a stroke
an exchange; a barter
In finance, a swap is a derivative in which counterparties exchange cash flows of one party's financial instrument for those of the other party's financial instrument. The benefits in question depend on the type of financial instruments involved. For example, in the case of a swap involving two bonds, the benefits in question can be the periodic interest payments associated with the bonds. Specifically, the two counterparties agree to exchange one stream of cash flows against another stream. These streams are called the legs of the swap. The swap agreement defines the dates when the cash flows are to be paid and the way they are calculated. Usually at the time when the contract is initiated at least one of these series of cash flows is determined by a random or uncertain variable such as an interest rate, foreign exchange rate, equity price or commodity price. The cash flows are calculated over a notional principal amount. Contrary to a future, a forward or an option, the notional amount is usually not exchanged between counterparties. Consequently, swaps can be in cash or collateral. Swaps can be used to hedge certain risks such as interest rate risk, or to speculate on changes in the expected direction of underlying prices.
The New Hacker's Dictionary
1. [techspeak] To move information from a fast-access memory to a slow-access memory (swap out), or vice versa (swap in). Often refers specifically to the use of disks as virtual memory. As pieces of data or program are needed, they are swapped into core for processing; when they are no longer needed they may be swapped out again. 2. The jargon use of these terms analogizes people's short-term memories with core. Cramming for an exam might be spoken of as swapping in. If you temporarily forget someone's name, but then remember it, your excuse is that it was swapped out. To keep something swapped in means to keep it fresh in your memory: “I reread the TECO manual every few months to keep it swapped in.” If someone interrupts you just as you got a good idea, you might say “Wait a moment while I swap this out”, implying that a piece of paper is your extra-somatic memory and that if you don't swap the idea out by writing it down it will get overwritten and lost as you talk. Compare page in, page out.
British National Corpus
Written Corpus Frequency
Rank popularity for the word 'SWAP' in Written Corpus Frequency: #4081
Translations for SWAP
From our Multilingual Translation Dictionary
- Swap, Tausch, TauschgeschäftGerman
- swap, trueque, permuta financiera, permuta, cambalache, intercambioSpanish
- vaihtosopimus, vaihtokauppa, swap, vaihtoFinnish
- permuta, baratto, scambioItalian
- 交換, 取り替え, スワップJapanese
- своп, обме́н, ме́наRussian
- giao hoánVietnamese
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