swap line
swap line noun: a procedure whereby a central bank (usually the United States Federal Reserve) trades money with a foreign bank in one currency in exchange for an equivalent amount of money in the foreign bank's domestic currency, for the purpose of alleviating a currency shortage.
Noun
swap line (plural swap lines)
- A procedure whereby a central bank (usually the United States Federal Reserve) trades money with a foreign bank in one currency in exchange for an equivalent amount of money in the foreign bank's domestic currency, for the purpose of alleviating a currency shortage.
- [Donald Trump] could determine which countries have access to swap lines, and on what terms. Swap lines are the lifeblood of the entire global financial system. It's hard to imagine a greater source of leverage for the administration.2025 July 31, Leah Downey, “What could a Trump appointee do at the Fed?”, in Financial Times, page 17
Forms of swap line
| plural | swap lines |
|---|
Origin of swap line
swap + line (“of credit”)
Questions about swap line
- What does swap line mean?
- Swap line means a procedure whereby a central bank (usually the United States Federal Reserve) trades money with a foreign bank in one currency in exchange for an equivalent amount of money in the foreign bank's domestic currency, for the purpose of alleviating a currency shortage.
- What part of speech is swap line?
- Swap line is a noun.
- What is the plural of swap line?
- The plural of swap line is swap lines.
Words near swap line in the dictionary
Source and license
Adapted from Wiktionary: swap line (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.
Last updated:
Cite this entry: “swap line.” Word.ws, https://word.ws/swap_line. Based on Wiktionary, CC BY-SA 4.0.