interest rate swap

English

AI In plain words

Writing a short explanation…

Written by a house AI from the entry below, in your language. The entry itself is the source.

interest rate swap

noun interest rate swaps · IRS

  1. A contract to exchange the benefit of one interest rate with another. Often a fixed interest rate is exchanged for a variable rate so as to allow one party to remove an exposure to a variable rate for which they pay a premium on the fixed rate in order to compensate for this 'insurance'. The two rates can also be based on different currencies.

Translations

Every language

noun financial contract

DeutschZinsswap

Talk about this word

Cite this
MLA

"interest rate swap." Wiktionary, via Micwyn, micwyn.com/word/interest%20rate%20swap. Accessed 6 Nov. 2026.

APA

interest rate swap. (n.d.). In Wiktionary, via Micwyn. Retrieved November 6, 2026, from https://micwyn.com/word/interest%20rate%20swap

Chicago

"interest rate swap." Wiktionary, via Micwyn. Accessed November 6, 2026. https://micwyn.com/word/interest%20rate%20swap.

BibTeX
@misc{interest_rate_swap_2026,
  title = {interest rate swap},
  howpublished = {Wiktionary, via Micwyn},
  year = {2026},
  url = {https://micwyn.com/word/interest%20rate%20swap},
  urldate = {2026-11-06}
}