Stock Swap — The exchange of one asset for another. A stock swap occurs when shareholders ownership of the target company s shares are exchanged for shares of the acquiring company as part of a merger or acquisition. During a stock swap, each company s shares … Investment dictionary
Engine swap — Warning: in some jurisdictions with strict smog rules it may not be possible to register a late model vehicle with an engine swap, even if it can be proven that it produces less pollution than the original engine (owing to visual inspection… … Wikipedia
Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity … Wikipedia
Currency swap — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… … Wikipedia
Constant maturity swap — A constant maturity swap, also known as a CMS, is a swap that allows the purchaser to fix the duration of received flows on a swap. The floating leg of an interest rate swap typically resets against a published index. The floating leg of a… … Wikipedia
Dividend swap — A dividend swap is an over the counter financial derivative contract (in particular a form of swap). It consists of a series of payments made between two parties at defined intervals over a fixed term (e.g., annually over 5 years). One party the… … Wikipedia
Conditional variance swap — A conditional variance swap is a type of swap Derivative (finance) product that allows investors to take exposure to volatility in the price of an underlying security only while the underlying security is within a pre specified price range. This… … Wikipedia
Correlation swap — A correlation swap is an over the counter financial derivative that allows one to speculate on or hedge risks associated with the observed average correlation, of a collection of underlying products, where each product has periodically observable … Wikipedia
Constant maturity credit default swap — A constant maturity credit default swap (CMCDS) is a type of credit derivative product, similar to a standard Credit Default Swap (CDS). Addressing CMCDS typically requires prior understanding of credit default swaps. In a CMCDS the protection… … Wikipedia
Equity swap — A swap in which the cash flows that are exchanged are based on the total return on some stock market index and an interest rate (either a fixed rate or a floating rate). Related: interest rate swap. The New York Times Financial Glossary * * *… … Financial and business terms
