swap — / swäp/ n 1: an exchange of securities 2: a derivative contract in which two parties (as corporations) agree to exchange rates esp. relating to debt Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
replacement — re·place·ment n 1 a: the act of replacing: the state of being replaced b: an insurer s option under a policy to replace or repair damaged property rather than pay the insured for the loss 2: something that replaces; specif: a new fixed asset or… … Law dictionary
Page replacement algorithm — This article is about algorithms specific to paging. For outline of general cache algorithms (e.g. processor, disk, database, web), see Cache algorithms. In a computer operating system that uses paging for virtual memory management, page… … Wikipedia
Automobile engine replacement — An automobile engine replacement is an engine or a major part of one that is sold individually without any other parts required to make a functional car (for example a drivetrain). These engines are produced either as aftermarket parts or as… … Wikipedia
Nortel Auto Unit Replacement — (AUR) is a computer networking feature within networking equipment manufactured by Nortel that allows maintainers of the equipment to hot swap switches regardless of the configuration or software loaded on the equipment. If a switch with older… … Wikipedia
Stock replacement strategy — A strategy for enhancing a portfolio s return, employed when the futures contract is expensive based on its theoretical price, involving a swap between the futures, treasury bills portfolio and a stock portfolio. The New York Times Financial… … Financial and business terms
stock replacement strategy — A strategy for enhancing a portfolio s return, used when the futures contract is expensive according to its theoretical price. The strategy involves a swap between the futures and a Treasury bill and stock portfolio. Bloomberg Financial… … Financial and business terms
Agreement Value Method — The most common of three official methods established by the International Swaps and Derivatives Association for calculating termination payments on a prematurely ended swap. The agreement value method is based on the terms available for a… … Investment dictionary
change — I (New American Roget s College Thesaurus) Alteration Nouns 1. change, alteration, mutation, permutation, variation, modification, modulation, innovation, metastasis; transition; menopause; deviation, flux, turn; shift; diversion, break; reform,… … English dictionary for students
Formula Method — A technique for calculating termination payments on a prematurely ended swap. Termination payments are used to compensate the party who did not cause the swap to end early for its financial loss. Because they are not very liquid, currency swaps… … Investment dictionary