MLchartDataset catalogue

Swap

Term · Insurance and risk management · MLC-T-INS-003261

A derivative contract between two parties to exchange financial instruments, cash flows, or payments over a specified period. In risk management, swaps are often used to hedge against interest rate, currency, or commodity price fluctuations. An interest rate swap, for example, involves exchanging fixed interest payments for floating interest payments.

Table 1. Record
IdentifierMLC-T-INS-003261
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003261",
  "term": "Swap",
  "field": "Insurance and risk management",
  "definition": "A derivative contract between two parties to exchange financial instruments, cash flows, or payments over a specified period. In risk management, swaps are often used to hedge against interest rate, currency, or commodity price fluctuations. An interest rate swap, for example, involves exchanging fixed interest payments for floating interest payments.",
  "url": "https://mlchart.com/terminology/insurance/swap/"
}

Record 3,388 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.