interest rate swaps
interest rate swaps is the plural of interest rate swap.
Meaning of interest rate swap
Noun
interest rate swap (plural interest rate swaps, abbreviation IRS)
- 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.
Questions about interest rate swaps
- What is interest rate swaps the plural of?
- Interest rate swaps is the plural of interest rate swap.
Words near interest rate swaps in the dictionary
Source and license
Adapted from Wiktionary: interest rate swaps (page history and authors); interest rate swap (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “interest rate swaps.” Word.ws, https://word.ws/interest_rate_swaps. Based on Wiktionary, CC BY-SA 4.0.
