26984 words

swap

9 definitions • 16 examples
1
to give something and be given something else instead:

Examples:

When you've finished reading your book, and I've finished mine, can we swap?
We swapped addresses with the people we met on holiday.
When he got a job in a bank, he had to swap his jeans and T-shirt for a suit (= he had to wear formal clothes instead of informal ones).
[ + two objects ] I'll swap you my chocolate bar for your peanuts.
We spent the evening swapping (= telling each other) stories/jokes.
2
an exchange, or something that is going to be or has been exchanged:

Examples:

I thought Sam's lunch looked better than mine, so we did a swap.
UK This comic is a swap (= something that was exchanged) that I got from Nick.
3
to exchange one thing for another:

Examples:

[ T ] The two computers can easily swap data.
4
to exchange one investment for another:

Examples:

Lenders agreed to swap part of Eurotunnel's £8.8 billion debt for shares.
5
to exchange payments on a loan in one currency for those in another:

Examples:

The county will swap its variable-rate interest payments for the certainty of a fixed rate payment.
6
to exchange something you have for something else:

Examples:

John and Marla agreed to swap offices.
swap sth for sth Most consumers said they wouldn't swap the product for a cheaper own-label brand.
swap sth with sb Do you want to swap seats with me?
7
a situation in which one investment is exchanged for another:

Examples:

Many investors carry out debt-for-equity swaps.
8
a situation in which payments on a loan in one currency are exchanged for those in another:

Examples:

A firm that wants a US dollar loan can arrange with a firm that wants a floating rate Yen loan for an interest rate swap.
9
a situation in which someone exchanges something they have for something else:

Examples:

Her boss suggested they do a job swap for a day.

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