The difference between Credit default swap and Swap
When used as nouns, credit default swap means a credit derivative contract between two counterparties, whereby the buyer (seller of risk) makes periodic payments to the seller (buyer of risk) in exchange for the right to a payoff if there is a default or other credit event in respect of a third party called reference entity, whereas swap means an exchange of two comparable things.
Swap is also verb with the meaning: to exchange or give (something) in an exchange (for something else).
check bellow for the other definitions of Credit default swap and Swap
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Credit default swap as a noun (finance):
A credit derivative contract between two counterparties, whereby the buyer (seller of risk) makes periodic payments to the seller (buyer of risk) in exchange for the right to a payoff if there is a default or other credit event in respect of a third party called reference entity.
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Swap as a verb (transitive):
To exchange or give (something) in an exchange (for something else).
Examples:
"synonyms exchange switch trade"
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Swap as a verb (transitive, obsolete):
To hit, to strike.
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Swap as a verb (transitive, obsolete):
To beat the air, or ply the wings, with a sweeping motion or noise; to flap.
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Swap as a verb (intransitive, obsolete):
To descend or fall; to rush hastily or violently.
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Swap as a noun:
An exchange of two comparable things.
Examples:
"quote-book lang=1819 w Sir Walter Scott w Tales of My Landlord section=The Bride of Lammermoor passage=I e’en changed it, as occasion served, with the skippers o’ Dutch luggers and French vessels, for gin and brandy... a gude swap too, between what cheereth the soul of man and that which dingeth it clean out of his body"
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Swap as a noun (finance):
A financial derivative in which two parties agree to exchange one stream of cashflow against another stream.
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Swap as a noun (computing, informal, uncountable):
Space available in a swap file for use as auxiliary memory.
Examples:
"How much swap do you need?"
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Swap as a noun (obsolete, UK, dialect):
A blow; a stroke.
Compare words:
Compare with synonyms and related words:
- CDS vs credit default swap
- interchange vs swap
- swap vs switch
- hot-swap vs swap
- swap vs swap in
- swap vs swap out
- bang vs swap
- knock vs swap
- swap vs tap
- flap vs swap
- fly vs swap
- speed vs swap
- swap vs zoom
- barter vs swap
- quid pro quo vs swap
- swap vs trade
- credit default swap vs swap
- swap vs total return swap