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swop

swop

   [swop] ,verb (used with object), verb (used without object), swopped, swop·ping, noun
swap.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
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World English Dictionary
swap or swop (swɒp)
 
—vb , swaps, swapping, swapped, swops, swopping, swopped
1.  to trade or exchange (something or someone) for another
 
—n
2.  an exchange
3.  something that is exchanged
4.  finance swap option, Also called: swaption a contract in which the parties to it exchange liabilities on outstanding debts, often exchanging fixed interest-rate for floating-rate debts (debt swap), either as a means of managing debt or in trading (swap trading)
 
[C14 (in the sense: to shake hands on a bargain, strike): probably of imitative origin]
 
swop or swop
 
—vb
 
—n
 
[C14 (in the sense: to shake hands on a bargain, strike): probably of imitative origin]
 
'swapper or swop
 
—n
 
'swopper or swop
 
—n

swop (swɒp)
 
—n, —vb , swops, swopping, swopped
a variant spelling of swap

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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