2nd October 2019

girlscouts
12

What is a swap for Girl Scouts?

SWAPS: Girl Scouts often make small tokens of friendship to exchange with the Girl Scouts they meet while traveling. These little gifts are called ”SWAPS,” which stands for “Special Whatchamacallits Affectionately Pinned Somewhere.”

Thereof, what is swap in finance example?

A swap is a derivative contract where two parties exchange financial instruments. Most swaps are derivatives in which two counterparties exchange cash flows of one party's financial instrument for those of the other party's financial instrument.

What is a swap payment?

An interest rate swap is an agreement between two counterparties in which one stream of future interest payments is exchanged for another based on a specified principal amount.
Write Your Answer

Rate

94% people found this answer useful, click to cast your vote.

4.7 / 5 based on 3 votes.

Bookmark

Press Ctrl + D to add this site to your favorites!

Share