Identification
- Label (rdfs)
- Swaps - Assets
- Preferred Label
- Derivative Swap Contracts
- Alternative Labels
- Financial Derivative Swaps, Financial Swaps, Swap Agreements
- Identifier
- N/A
Definition and Examples
- Definition
- Swaps are derivative contracts through which two parties exchange financial instruments, typically cash flows or other financial assets, based on predetermined conditions. Common types include interest rate swaps, currency swaps, and commodity swaps, each designed to manage risk or achieve specific financial objectives.