Financial and business terms. 2012.
swap fund — swap fund, a mutual fund that accepts blocks of common stock from investors in exchange for shares in the fund: »Swap funds differ from most mutual funds in that the amount of shares they issue is limited to the value of the securities accepted… … Useful english dictionary
Exchange fund — An Exchange Fund or Swap Fund is a mechanism specific to the U.S., first introduced in 1999 that allows holders of large amount of a single stock to diversify into a basket of other stocks without directly selling their stock. The purpose of this … Wikipedia
Exchange Fund — A stock fund that allows an investor to exchange his or her large holding of a single stock for units in a portfolio. Exchange funds provides investors with a easy way to diversify their holdings, while deferring any taxes from capital gains.… … Investment dictionary
exchange fund — (also known as swap fund) investment vehicle introduced in 1999 that appeals to wealthy investors with large holdings in a single stock who want to diversify ( diversification) without paying capital gains taxes. These funds allow investors to… … Financial and business terms
Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity … Wikipedia
Debt-for-nature swap — Debt for nature swaps are financial transactions in which a portion of a developing nation s foreign debt is forgiven in exchange for local investments in environmental conservation measures. Contents 1 History 2 How Debt for Nature Swaps Work 3… … Wikipedia
Interest rate swap — An interest rate swap is a derivative in which one party exchanges a stream of interest payments for another party s stream of cash flows. Interest rate swaps can be used by hedgers to manage their fixed or floating assets and liabilities. They… … Wikipedia
Currency swap — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… … Wikipedia
Constant maturity swap — A constant maturity swap, also known as a CMS, is a swap that allows the purchaser to fix the duration of received flows on a swap. The floating leg of an interest rate swap typically resets against a published index. The floating leg of a… … Wikipedia
Conditional variance swap — A conditional variance swap is a type of swap Derivative (finance) product that allows investors to take exposure to volatility in the price of an underlying security only while the underlying security is within a pre specified price range. This… … Wikipedia
