swap

The definition of a swap is a trade or exchange.

(noun)

An example of a swap is a child trading his pretzels for popcorn at snack time.

To swap is defined as to trade or exchange.

(verb)

An example of to swap is give a friend a scarf in exchange for a pair of mittens.

See swap in Webster's New World College Dictionary

transitive verb, intransitive verb swapped, swapping

to exchange, trade, or barter

Origin: ME swappen, to strike (prob. echoic): from the striking of hands on concluding a bargain

noun

an exchange, trade, or barter
Finance a negotiated contract as between two corporations for a mutually beneficial exchange of currencies, loans, etc.

Related Forms:

See swap in American Heritage Dictionary 4

verb swapped swapped, swap·ping, swaps

verb, intransitive

To trade one thing for another.

verb, transitive

To exchange (one thing) for another.

noun

An exchange of one thing for another.
A contract in which two parties agree to exchange periodic interest payments, especially when one payment is at a fixed rate and the other varies according to the performance of a reference rate, such as the prime rate.

Origin:

Origin: Middle English swappen, to strike, strike the hands together in closing a bargain

Related Forms: