swaps

9 definitions • 16 examples

to give something and be given something else instead:

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.

an exchange, or something that is going to be or has been exchanged:

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.

to exchange one thing for another:

[ T ] The two computers can easily swap data.

to exchange one investment for another:

Lenders agreed to swap part of Eurotunnel's £8.8 billion debt for shares.

to exchange payments on a loan in one currency for those in another:

The county will swap its variable-rate interest payments for the certainty of a fixed rate payment.

to exchange something you have for something else:

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?

a situation in which one investment is exchanged for another:

Many investors carry out debt-for-equity swaps.

a situation in which payments on a loan in one currency are exchanged for those in another:

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.

a situation in which someone exchanges something they have for something else:

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