Currency Swap

Is a foreign exchange agreed in which principle and interest in one currency is traded for an equal amount in another currency.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser

Next Terms: Current Assets Turnover, Current Liabilities to Net Worth Ratio, Current Portion of Long-Term Debt, Current Purchasing Power, Customer Costs, Customers Net Debit Balance, D/A, DAF, Daily Interest Account, Date of Maturity

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