swap

To trade something for something else whether it be another object, money or something else. Also see swap meet.

"I'll swap you these two pistols for one of those uzis."

"Swap me that gold watch for this gold chain."

swap by IceWarm November 21, 2004

swap

Among a group of two or more couples, to swap means to trade partners for the explicit purpose of engaging in sexual relations with a different partner. See also group sex and orgy.

"Mary has always been flirting with my husband Jim. Because I have always fancied her husband Bob, I asked her if she wanted to come over and have a swap."

swap by IM2 April 23, 2006

swap

(FINANCE) a type of financial derivative which two parties "swap," or exchange, the streams of income (or payments) from two different sources. The actual instrument is created by a third party, such as an investment bank.

The most familiar version of the swap is the interest rate swap, in which the holder of a fixed rate loan and the holder of an adjustable rate loan agree to exchange revenue streams.

The variety of swaps available is massively greater than with options or futures; essentially, swaps exist for every arbitrage opportunity that any combination of markets provides; the market for swaps is huge.

BILL: Why do firms buy swaps? Why don't they just sell the loans they have to other banks, or whatever?

ANNA: One is that swaps are a method of hedging risk; you hold the bond in case the price goes up, but you buy interest rate swaps to protect against having average rates in your portfolio that are two high or two low.

swap by Abu Yahya April 5, 2010

swap

abbreviated way of saying Swap Meet, an outdoor flea market, usually with cheap/no admission, tends to be located in large parking lots with many stalls of independent sellers. Usually stalls are made of metal pipes and tarps.

Want to come with me to the swap this weekend?

swap by sarita_frito November 28, 2004

SWAP

Acronym for Straight White American Protestant.

This school has no minorities, it's full of SWAPs.

SWAP by Mr. Peanut February 17, 2008

swap

something stupid, NO i mean something really stupid

ur mother is so black she had to get her tattos done in CHALK!!!! that joke was so swap!

swap by Titan and TT-mama August 3, 2006

swap

v. to exchange (nudes, drugs)
n. a (designated) meetup place for an exchange of drugs
Exchanging something.

To give something and expect something else in return.
To barter
Can be used for nudes, drugs, or even just everyday trading.

(Using snapchat)
Hey girl, since you like my dick and abs and you have enormous tits, wanna swap?
or just as simply as, "wanna swap?"
---------------------------------------------------------------
(as a place)
Alright I just called my E supplier, he told me to meet at the swap in an hour.

swap by Estretoseten December 13, 2016