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.

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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

  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:

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
  1. An exchange of one thing for another.
  2. 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

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Related Forms:

  • swapˈper noun

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