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Swap vs Exchangeable - What's the difference?

swap | exchangeable |

In finance terms the difference between swap and exchangeable

is that swap is a financial derivative in which two parties agree to exchange one stream of cashflow against another stream while exchangeable is having an associated right to be exchanged for another form of financial security.

As a noun swap

is an exchange of two comparable things.

As a verb swap

is to exchange or give (something) in an exchange (for something else).

As an adjective exchangeable is

able to be exchanged.

swap

English

(wikipedia swap)

Alternative forms

* swop

Noun

(en noun)
  • An exchange of two comparable things.
  • (Sir Walter Scott)
  • (finance) A financial derivative in which two parties agree to exchange one stream of cashflow against another stream.
  • (obsolete, UK, dialect) A blow; a stroke.
  • (computing, informal, uncountable) Space available in a swap file for use as auxiliary memory.
  • How much swap do you need?

    Derived terms

    * credit default swap * swap meet * total return swap * swapsies

    Synonyms

    * barter * trade * quid pro quo

    Verb

    (swapp)
  • To exchange or give (something) in an exchange (for something else).
  • *
  • *
  • *
  • (label) To strike, hit.
  • *:
  • *:And soo sir launcelot rode on the one syde and she on the other / he had not ryden but a whyle / but the knyghte badde sir Launcelot torne hym and loke behynde hym // and there wyth was the knyghte and the lady on one syde / & sodenly he swapped of his ladyes hede
  • (label) To fall or descend; to rush hastily or violently.
  • :
  • *(Geoffrey Chaucer) (c.1343-1400)
  • *:All suddenly she swapt adown to ground.
  • (label) To beat the air, or ply the wings, with a sweeping motion or noise; to flap.
  • Derived terms

    * swap in, swap out

    Synonyms

    * (exchange) exchange, trade, switch

    Anagrams

    * * * * ----

    exchangeable

    English

    Alternative forms

    * exchangable

    Adjective

    (en adjective)
  • Able to be exchanged.
  • (finance) Having an associated right to be exchanged for another form of financial security.