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13:05 Jan 30, 2001
Spanish to English translations [PRO] Bus/Financial
Explanation: In the context of the stock market, these are *swaps*
Here's an explanation, from Termium:
Currency and Foreign Exchange
swap s CORRECT
swap transaction s CORRECT
DEF - A financial transaction in which two counterparties agree to exchange streams of payments over time according to a predetermined rule. A swap is normally used to transform the market exposure associated with a loan or bond borrowing from one interest rate base (fixed term or floating rate) or currency of denomination to another. s