What is the Definition of Swaps?
The simultaneous buying, selling or exchange of one security for another among investors to change maturities in a bond portfolio, for example, or because investment goals have changed.
Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/
Label: Insurance
Theme: Dictionary of Insurance Terms
Other Questions: What is the definition of Annuity?
What is the Definition of Swaps?
You can find random definition and meaning of insurance terms below:
What is the meaning of Morbidity Table
a statistical record of the rate of illness among the defined age groups.
What is the meaning of Mortality Table
chart that shows the death rates of a particular population at each age displayed as the number of deaths per thousand.
What is the meaning of Mortgage
a note used to secure a loan for real property.
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