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Take a swing |
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Take a swingExecute a trade at a price that the trader feels is higher or more risky than would normally be acceptable, in order to gain market share in the institutional arena.Take a swing Similar MatchesCurrency swingsCurrency swingsThese affect foreign currency mortgages. In pound sterling terms, the value of the capital outstanding on your mortgage can rise or fall dramatically if there is movement in the value of either the currency of the loan or UK pounds sterling. If the value of the pound increases, you should benefit from lower repayments, as the value of the foreign currency you have borrowed decreases. Less sterling is required to buy the same amount of foreign currency necessary to meet the repayments and vice versa. Swingline facilitySwingline facilityBank borrowing facility to provide finance while the firm ../../finance-glossary/s US commercial paper with eurocommercial paper. |
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