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

It’s an acronym standing for Can’t Remember A Fucking Thing. It’s usually used to describe embarrassment at being unable to remember someone (CRAFT moment); going onstage as the lead in the latest theatrical performance and your mind goes completely blank (CRAFT situation); the next morning after a night when you got pissed as a fart and woke up in bed cuddling a traffic cone and a string of fairy lights wound round your prick.

S.W.A.P. is an acronym that stands for "Shit With A Partner." This is most commonly used by students at the University of Pittsburgh. It is usually used by people that ask a friend if they need to take a shit at the same time.

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.

(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.

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.

A syndrome of having a Sweaty Ass Penis