Rate Swap

a financial instrument used to part fools from their money. Usually involves speculating on interest rates. The fools, or 'mark', in this con are often unsophisticated public officials such as school boards or county commissions who are gambling with your money. The fools are advised by sleazeballs known as 'financial advisers' or 'consultants'. The sleazeballs are paid by both the fool and either directly or indirectly by the counterparty that makes a shitload of money, the greedy grifters often referred to as 'banks'. The banks only lose often enough to keep the hopeful fools signing up. By the time fools realize they have been had, it is a lose-lose situation. Pay enormous fees to terminate the contract, or continue riding it into the hole, hoping for a miracle.

Dude, why are your schools shit?

'Cause the board got fooled into a rate swap. We got jackshit and owe millions.

by Gaaaaaah! April 5, 2010

Cock Swap

In the event of a cock block where one male cock blocks another male, the blocking male may attempt to steal the opposing male's target and swap the blocked cock with his.
This is usually done out of spite of the blocked male.

Charlie: I totally cock blocked Michael the other day.

Kevin: You should have gone further and cock swapped him.

Charlie: Yeah I should have.......... And... I SHALL!

by lazersintime January 12, 2011

Face Swap

When two people cut the skin of their face off, trade faces, and jizz on eachother's head so that the face will stick.

"Hey man I'm bored"
"Wanna face swap?"
"Sure, where's your exacto knife?"

by crazymanwithdrumsticks January 27, 2010

singapore swap

to put your wristwatch and wedding ring on a girls hand while she gives you a hand job therefore looking like you are doing it; a way to get around cheating on your spouse.

wife: you promise you didn't cheat on me on your business trip?
husband: yes, I promise.
(next day at work, after story is told around the office)
husband: no I don't feel bad, thank God for the singapore swap!

by goatcheese June 12, 2004

Swip swap

When a couple exchanges sexual partners with another couple for a limited time period. Usually lasting about 3 strokes.

Hey, did you hear Aaron and Jen like to do the ole swip swap?

by RU1N3R January 22, 2019

The Hot Swap

To swap between barfing and craping when situated on the toilet.

When your sick, really really sick, and your on the toilet, because you've got the shits, the shits bad, and you feel like you've got to barf. So what do you do! What do you do? Your choice will determine what ends up on the floor. Life is all about making decisions and living with them. That, my friend, is the Hot Swap.

by JordieGozzinski December 9, 2008

J-Swap

To go out with somebody with the intentions of going out with their sister

Peter used to go out with Camille but ever since he pulled a J-Swap he has fucked Jackie in the ass every day.

by Michael Peen April 24, 2008