exchange of goods
Exchange, replacement, transaction
Exchange, substitution, transaction
Electricity meter exchange
After exchange, exchange
English definition of swap-simulating buying and selling the same amount of a given currency at the forward exchange rate. It usually happens in the process of passing the location to the next day.
In finance, it should be translated as swap. Chinaswaps is a swap transaction between China and China.
Swap transaction refers to the transaction form in which both parties agree to exchange certain assets in a certain period in the future. More precisely, he said, a swap transaction refers to a transaction in which both parties agree to exchange cash flows with each other in a certain period in the future. Common ones are currency swap and interest rate swap. Swap trading, like futures and options trading, is one of the financial derivatives that have developed rapidly in recent years and has become an important tool for international financial institutions to avoid exchange rate risk and interest rate risk.