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swaption

British  
/ ˈswɒpʃən /

noun

  1. another name for 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.

However, the city has successfully eliminated hundreds of millions of dollars in risk by terminating or renegotiating 18 interest rate swap or swaption contracts, according to a city spokeswoman, who added such efforts were continuing.

From Reuters

A Barclays Capital index measuring expectations for rate volatility, based on so-called swaption prices, fell about 5 percent since Dec. 15.

From BusinessWeek

A Barclays Capital index measuring expectations for rate volatility, based on so-called swaption prices, fell 5.8 percent since Dec. 15.

From BusinessWeek

A Barclays Capital index measuring expectations for rate volatility, based on so-called swaption prices, has fallen 5.8 percent since Dec. 15.

From BusinessWeek