A binding agreement between counterparties to exchange periodic interest payments on some predetermined dollar principal, which is called the notional principal amount. For example, one party will pay [..]

1) A swap in which the underlying is an interest rate. Can be viewed as a currency swap in which both currencies are the same and can be created as a combination of currency swaps. 2) A contract between two parties (counterparties) to exchange periodic interest payments based on a specified notional amount of principal.Related Terms: Swap contract  [..]

A contractual agreement with a counterparty to exchange cash flows representing streams of periodic interest payments in one currency. See also cross-currency swap

An interest rate swap is an agreement in which two parties make interest payments to each other for a set period based upon a notional principal. The notional principal is only used to calculate the interest payments; no risk is attached to it. Interest rate swaps commonly involve exchanging payments based on a fixed interest rate for payments base [..]

Definition An exchange of interest payments on a specific principal amount. This is a counterparty agreement, and so can be standardized to the requirements of the parties involved. An interest rate s [..]

a transaction between two parties where each agrees to exchange payments tied to different interest rates for a specified period of time, generally based on a notional principal amount.

An interest rate swap is a deal between two investors.

Interest rate swap is a contractual agreement under which two parties exchange interest payments of differing nature on an predetermined amount for a known period of time with known frequency.

Interest rate swap refers to an agreement that exchange interest receipts. It also means interest payment obligations. Generally, interest swap is used to adjust one’s risk exposure. It also helps to [..]

An exchange between two counter-parties of fixed rate interest for floating rate interest in the same currency. The principal amount relating to the underlying assets or liabilities is not exchanged.

An agreement to exchange interest payments for a specific period of time on a given principal amount. The most common interest rate swap is a fixed-for-floating coupon swap. The notional principal is [..]

Arrangement in which two parties agree to exchange interest rate flows at agreed intervals over an agreed period, but without any principal being paid.

A binding agreement between counterparties to exchange periodic interest payments on some predetermined dollar principal, which is called the notional principal amount. For example, one party will pay [..]

A transaction where one party pays a fixed rate of interest in exchange for a floating rate of interest. Both interest payments are calculated by reference to the principal or nominal size of the tran [..]