Word.ws English Dictionary

swaplet

UK/ˈswɒplət/US/ˈswɑplət/

swaplet noun: an individual component in a swap.

Noun

swaplet (plural swaplets)

  1. an individual component in a swap
    • Using historical data beginning in January 1990, each week they construct an arbitage portfolio containing a short position in a forward swaplet (i.e., a single payment swap) and a short Eurodollar futures position and then calculate what would have been the profit and loss (P/L) on the position...1997, James A. Overdahl, Barry Schachter, “The Mechanics of Zero-Coupon Yield Curve Construction”, in Anthony G. Cornyn, Jess Lederman, Robert A. Klein, editors, Controlling & Managing Interest-Rate...
    • […] each piece of cash flows of a CMS swap (a so-called swaplet) […]2009, Lixin Wu, “Volatility and Correlation Adjustments”, in Interest Rate Modeling: Theory and Practice, CRC Press, →ISBN, page 284

Examples of swaplet in a sentence

  • […] the payout […] is equal to the cash flow in an individual period resulting from paying fixed in a swap (known as a swaplet).2012, Howard Corb, “Caps and Floors”, in Interest Rate Swaps and Other Derivatives, Columbia University Press, →ISBN, page 137:
  • The "swaplets" are the components of the swap and are discussed below.2016, Jan W. Dash, “Interest-Rate Swaps”, in Quantitative Finance and Risk Management: A Physicist's Approach, 2nd edition, World...

Forms of swaplet

pluralswaplets

Origin of swaplet

From swap + -let.

Words that rhyme with swaplet

Questions about swaplet

What does swaplet mean?
Swaplet means an individual component in a swap.
How do you use swaplet in a sentence?
[…] the payout […] is equal to the cash flow in an individual period resulting from paying fixed in a swap (known as a swaplet).
What part of speech is swaplet?
Swaplet is a noun.
How do you pronounce swaplet?
Swaplet is pronounced /ˈswɒplət/ (UK).
What is the plural of swaplet?
The plural of swaplet is swaplets.

Words near swaplet in the dictionary

  1. swaped
  2. swapes
  3. swapfile
  4. swapfiles
  5. swaping
  6. swaplet
  7. swaplets
  8. swapling
  9. swaplings
  10. swaplist
  11. swaplists

Source and license

Adapted from Wiktionary: swaplet (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: “swaplet.” Word.ws, https://word.ws/swaplet. Based on Wiktionary, CC BY-SA 4.0.