swamp swap

To trade something (typically a meaty engorged gator bait stick for a swampy gator snatch) for something else whether it be another object, money or something else. Also see gator swap meet.

Often a less than hygienic person that lives in Florida with low morals and of poor character, whom will do any sexual act ,steal, lie, etc. for gator snatch, with a preference of swampy smelly gator poutang.

Dean be salty he missed dat sweaty swamp swap last night, there was some mad ass gator poon tang going around.

swamp swap by DatBitchRightHere November 7, 2022

Get merch

Get the swamp swap mug.

See more merch

Swap swap

To beat the pussy up.

Girl, you and me just gotta swap swap.

Swap swap by Swapmaster June 1, 2010

Get merch

Related Words

swamp swap • Swap swap • swappy swap • swap • Cock Swap • Swap Meet • Yankee Swap • Hot Swap • J-Swap • nac swap

credit default swap

(FINANCE) financial instrument in which buyer is someone who needs insurance against the possibility that a borrower will default on a loan. In that case, the counterparty is whoever receives the CDS premiums, and pays out in the event of default.

WHY IT'S BAD
Loans are usually made by either commercial banks (in which a loan officer is supposed to make a professional assessment of risk of default before handing over the money), or by investment banks (which underwrite securities like bonds). If the borrower has a high risk of default, then the loan should not be made--period.

Credit default swaps were a stupid method of supposedly turning a bad loan into a "risky" (and potentially high-yield) "investment"; they were in reality a strategy for fraud. Since portfolio managers knew they were bundling securitized loans that contained mostly crap, they would arrange credit default swaps and cash in when the borrowers defaulted.

What the bankers hit on was a sort of insurance policy: a third party would assume the risk of the debt going sour, and in exchange would receive regular payments from the bank, similar to insurance premiums. JPMorgan would then get to remove the risk from its books and free up the reserves. The scheme was called a "credit default swap," and it was a twist on something bankers had been doing for a while to hedge against fluctuations in interest rates and commodity prices.

{Newsweek, "The Monster That Ate Wall Street," 27 Sep 2008}

credit default swap by Abu Yahya July 17, 2010

Get merch

Lynch swap

a strategy in algebra in which if x/y=z, then y and z can be quickly "swapped" so that x/z=y. Very helpful for quickly solving for a variable.

Named after Mr. Lynch, a Floridian calculus teacher.

Student θ: Ugh... solving 3/x=4 for x is going to take me like a bajillion steps.
Mr. Lynch: lol just Lynch swap 4 and the denominator x.

Lynch swap by peculiargoldfish October 3, 2019