The most similar meanings of swap are exchange, trade, switch, and interchange, referring to the act of giving one thing in return for another. Other closely related terms include barter, substitute, replace, and bandy.
interchange. To interchange two things is to trade or switch them. If the painting hanging on your wall just doesn't fit the room, you can interchange it with the photograph on the opposite wall.
The word swap means you give something in exchange for something else. In the medieval ages, a farmer would swap — or exchange — his cow for his neighbor's horse. First used in the 1590s to mean "exchange, barter, trade," as a noun swap can mean an equal exchange.
Companies can use swaps as a tool for accessing previously unavailable markets. For example, a US company can opt to enter into a currency swap with a British company to access the more attractive dollar-to-pound exchange rate, because the UK-based firm can borrow domestically at a lower rate.
Types of swaps. The generic types of swaps, in order of their quantitative importance, are: interest rate swaps, basis swaps, currency swaps, inflation swaps, credit default swaps, commodity swaps and equity swaps.
From Middle English swappen (“to swap”), originally meaning "to hurl" or "to strike", the word alludes to striking hands together when making an exchange; probably from Old English *swappian, a secondary form of Old English swāpan (“to swoop”).
to exchange, barter, or trade, as one thing for another. He swapped his wrist watch for the radio. to substitute (one thing) for another (sometimes followed byin ). Swap in red wine for white, since powerful nutrients are in the red grape's skin.
1[intransitive, transitive] to give something to someone and receive something in exchange swap (something) (with somebody) I'm finished with this magazine. Can I swap with you?
A swap in forex refers to the interest that you either earn or pay for a trade that you keep open overnight. There are two types of swaps: Swap long (used for keeping long positions open overnight) and Swap short (used for keeping short positions open overnight).
The word "synonym" is derived from Latin and Greek languages. The first part of the word (syn) means similar and (onym) means name. Using the Greek and Latin roots, "synonym" roughly translates to same name. The word synonym is derived initially from Latin, which means (syn) same (onym) name.
