Interest rate swap


 

Home
Site Map
Add Term
Search
About Us
Contributors

Interest rate swap

An arrangement in which two parties agree to exchange periodic interest payments, at agreed intervals, over an agreed period, but without any principal being paid. The most common and simplest deal involves one party paying a fixed rate of interest and the other paying a floating rate. IRSs are used for hedging, speculation or arbitrage.



Similar Matches

Wild Interest

Wild Interest

An interest of record which cannot be traced in the chain of title. Frequently occurs when an incorrect legal description appears on a document. An apparent wild interest may occur if a woman who changes her name through marriage after acquiring property, sells the property using her married name only.


Best interests of creditors test

Best interests of creditors test

The requirement that a claim holder voting against a plan of reorganization must receive at least as much as if the debtor were liquidated.


Interest Cap

Interest Cap

The maximum interest rate increase of an Adjustable Mortgage Loan. For example: a 120% loan with a 5% interest rate cap would have maximum interest for the life of the loan which would not exceed 17%.


Covered interest rate

Covered interest rate

The covered interest rate, in a currency other than your own, is the nominal interest rate plus the forward premium on the currency; thus the percent you will earn holding the foreign asset while protecting against exchange-rate change by selling the foreign currency forward.


Effective Interest Rate

Effective Interest Rate

The annual rate at which an investment grows in value when interest is credited more often than once a year.


Further Suggestions

Interest only loan
Interest accrual rate
mortgage interest relief at source
Simple interest
Lessees Interest
Matured noninterest bearing debt
Earnings before interest, taxes, depreciation, and amortization (EBITDA)
Interest on interest
Real interest rate
simple interest
Capitalized interest
Net interest cost (NIC)
Export financing interest
Daily interest
interest in possession
Variable interest rate
Forward interest rate
Variable Interest Rate
compound interest
Risk Free Interest Rate
Compound interest
Effective annual interest rate
Deferred interest mortgage
Short interest theory
Compound interest


 
All rights Reserved. Do not copy without permission.