FT MarketWatch

Asset swap

An Exchange of two assets. A common example is the replacement of one Debt obligation with another. A Swap might convert a fixed rate Asset to a floating rate Asset in Order to achieve a more favorable payment stream.

Related Terms: 11 Asset, ACH, Debt, Exchange, Float, Fixed rate, Floating rate, Obligation, Order, Placement, Swap
Other Related Pages: Category: Bonds Starting With: A
Additional Related Terms: 1035 exchange, Active asset, Alternative assets, Asset, Asset/equity ratio, Available assets, ACH, Adjustable rate, Asset management account, Availability float