Answer Posted / jyoti chaudhary
A Swap is a derivative in which two counterparties exchange
certain benefits of one party's financial instruments for
those of the other party's financial instrument. The
benefits in question depend upon on the type of financial
instruments involved.
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
Explain share capital and reserves and surpluses.
What Is Small Business Administration Loans?
Do you have interest in any particular area?
What is 'saving bank account'?
Have you faced any failure in life? If yes, how did you overcome it?
What are money-back policies?
What are your views on social networking sites?
What bill collectors can’t do while calling customers for debt collection?
What do you know about Green Channel?
What is Basel II?
What is the meaning of the term ‘cost of debt’?
What is the acronym of 'mibor'?
What is a derivative?
Is the Indian economy in the developing, underdeveloped or the developed state?
What is the reason for sudden slump in value of rupee and bourses?
