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swap definition

swap (swäp, swôp)

transitive verb, intransitive verb swapped, swapping swap′·ping

to exchange, trade, or barter

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

noun

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

Related Forms:

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