swaps

Trades one for another

Swaps is the plural of swap—exchanges where each party gives something to get something else.

Kids swap trading cards; athletes swap jerseys after games.

In finance, swaps are contracts where parties exchange cash flows or liabilities: interest rate swaps, currency swaps.

The word works as both noun and verb: She swaps shifts with coworkers regularly.

financial

counterparty

Other side in deals

settlement · maturity · over-the-counter · collateral · margins · liquidity · derivatives · arbitrage · spread · tenor

exchange

trade

Exchange of commodities

replacement · rotation · shuffle · flip-flop · switcheroo · changeover · turnaround · alternation · reciprocity · give-and-take

barter

trading

Exchanging for value

bazaar · goods · services · commodities · deal · exchange · reciprocity · trade-in · bartering · tangible

sports

transfer

Move between locations

waiver

digital

peer-to-peer

Serverless network architecture

Categories
Opposites
exchange vs. retention

swapskeeps

Retains or strongholds

retains · hoards · stores · preserves · stockpiles

reciprocal vs. unilateral transfer

swapsgives

Transfers possession freely

donates · takes · receives · buys · sells

Phrases
Family

swap, swapping, swapped

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G