Dictionary.com
Thesaurus.com

debt swap

British  

noun

  1. See swap

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Though the debt swap is technically voluntary rather than a forced restructuring, the agency - and indeed the markets - still appear to view it as a distressed event.

From Reuters • Mar. 10, 2023

In recent days, European officials have also been discussing a debt swap that would help Greece.

From New York Times • May 24, 2016

Athens is also expected to inform the euro zone ministers of a planned debt swap deal with private lenders, which should slash 100 billion euros from Greece’s massive debt burden.

From Salon • Jun. 25, 2012

The yield on bonds issued by Greece after its debt swap, which mature in 2023, has just risen above 30%.

From The Guardian • May 16, 2012

In 2005, the country persuaded 76% of creditors to accept a debt swap that reduced the value of their bond holdings by nearly two-thirds.

From BBC • May 9, 2012