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Swaps was a California bred American thoroughbred racehorse. He was the son of Khaled, a stallion imported from the Aga Khan's stud in Europe. Swaps is a descendant of Man o' War, through his dam, Iron Reward, a granddaughter of the Triple Crown winner, War Admiral. In the list of the top 100 U.S. thoroughbred champions of the 20th Century by Blood-Horse magazine, Swaps ranks 20th. He was known as the "California Comet," and occasionally with affection, due to his wins despite numerous injuries and treatments, the "California Cripple.
- child of Khaled
"Swaps" is a book by Anthony Smith.
Swaps a.k.a. Swap: A swap is a derivative in which two counterparties exchange cash flows of one party's financial instrument for those of the other party's financial instrument. The benefits in question depend on the type of financial instruments involved. For example, in the case of a swap involving two bonds, the benefits in question can be the periodic interest payments associated with such bonds. Specifically, two counterparties agree to exchange one stream of cash flows against another stream. These streams are called the legs of the swap. The swap agreement defines the dates when the cash flows are to be paid and the way they are accrued and calculated. Usually at the time when the contract is initiated, at least one of these series of cash flows is determined by an uncertain variable such as a floating interest rate, foreign exchange rate, equity price, or commodity price.
Printed dictionaries and other books with definitions for Swaps
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Equity and Bond Portfolio Strategies and Applications by Frank J. Fabozzi
Hedge Ratio The hedge ratio for hedging a bond using interest rate swaps is a function of the PVBPs of ...
The Anomaly Hypothesis: How the Great Recession Demonstrates the Necessity for a Paradigm Shift in Economics and Finance Theory (2014)
by Miguel Galaz
to briefly explain the nature of these instruments: A CDS, or a Credit Default Swaps is a swap designed to transfer the credit exposure of fixed income products between parties. A CDO, also known as Collateralized Debt Obligations, are ...
Positive Measures (1998)
Panacea or Placebo in International Environmental Agreements by Per Mickwitz
Debt-for-nature swaps is a tool developed by linkage of these two problems. The idea is that a debt, or part of it, is written off in exchange for some environmental action. When the lender is an authority in a developed country a debt-for-nature ...
Encyclopedia of Finance (2006)
by Cheng-Few Lee
The key point concerning asset swaps is that the fixed coupons being paid are effectively guaranteed by the counterparty even if the underlying risky asset defaults. As a result, the payer of the fixed coupon has a credit exposure to the issuer of ...
by Aditya Narain, Pau Rabanal, Steen Byskov
Another factor which could fuel the demand for emerging market in credit default swaps is that credit rating agencies tend to assign higher credit risk ratings to diversified portfolios, and the fact that most international players in the CRT ...
by Ralph Stair, George Reynolds
Heel Swaps is a Chicago-based start-up that sells a stretchable high heel shoe cover that contains a slip resistant out-sole, comes in a variety of sizes, colors and patterns, and slips on in seconds. The product enables you to transform your ...
Financial Lexicon (2004)
A Compendium of Financial Definitions, Acronyms, and Colloquialisms by E. Banks
Swaps are defined in terms of a NOTIONAL amount, maturity, and payment/ receipt terms; transactions generally have maturities ranging from 1 to 10 years, although longer deals are possible. Swaps are available on various references from ...
Financial Terms Dictionary (2015)
Terminology Plain and Simple Explained by Thomas Herold
Credit Default Swaps A credit default swap, or CDS, is a contract exchange that transfers between two parties the exposure of credit to fixed income products. Two parties are involved in this exchange. The purchaser of a credit default swap ...
by E. Banks
Swaps are defined in ...
by R. J. Barry Jones
Debt-equity swaps are a method of reducing the burden of foreign debt and debt- service for an indebted nation. They involve debtors buying back debt, at a discount on its face value, in exchange for the debtor's domestic currency. The seller ...
A - C by Charles Wankel
Swaps In the world of finance, a swap can be defined as an agreement between two parties, who are referred to as counterparties.
FIVE-VOLUME SET by Paul Robbins
DEBT-FOR-NATURE SWAPS OCCUR when a creditor reduces or forgives a country's external debt in exchange for the debtor country redirecting a portion of its debt repayment to conservation and other environmental projects. In commercial ...
by Alan Gilpin
Swaps. The promotion of nature conservation projects out of the vast indebtedness incurred by many Third- World countries during the 1980s. International debt became a global problem during that period, as many lenders and investors ...
A Reference Guide to Market Events, Structures, Dynamics, and Investment Knowledge by Joe Mysak
swaps the deal, the banks involved claimed that such information was proprietary; the municipal issuers involved were unwilling or in most cases, it seemed, even unable to say. The exact size of the market remains to this day a mystery.
by Renat Perelet, Anil Markandya, Pamela Mason, Tim Taylor
The exchange of one form of claim on a debtor country for another form of claim, such as debt-for-nature swaps. A secondary market for developing country debt emerged in 1992 as a consequence of the accelerating international debt crisis ...
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Birds nest swaps
Sticky fingers were in order for Deb's activity creating a birds nest swap :-)
Photo credit: vivevans
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Scrabble value of S1W4A1P3S1
The value of this 5-letter word is 10 points. It is included in the first and second editions of the Official Scrabble Players Dictionary.
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