| Bond Swap |
| A strategy in which an investor sells a bond and at the same time purchases a different bond with the proceeds from the sale. |
Monday, March 14, 2011
Bond Swap
Wednesday, March 9, 2011
Acquirer
| Acquirer |
| A bankcard association member that initiates and maintains relationships with merchants that accept payment cards. |
Tuesday, March 8, 2011
Liability Swap
| Liability Swap |
| An exchange of debt related interest rates between two parties - usually large corporations. In a liability swap, two currently identical (in nominal value) cash flows are exchanged. Usually a variable (floating) rate is exchanged for a fixed rate of income. Swaps are undertaken because each company receives a better rate of interest by trading with the other than they would if they chose a more traditional financing route. |
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